Ammad, Syed; Butt, Sabihuddin; Alam, Shaista - In: Romanian Economic Journal 15 (2012) 45, pp. 227-244
The main objective of this study is to analyses the fiscal policy conditions in Pakistan; in case of output change ( fiscal responsiveness), effect of last year policy on this year( fiscal persistence) and finally fiscal discretion, through a 2SLS method the study period consist of 1972 to 2010....