Purpose – This study is an attempt to examine the role of sub categories of government expenditures under democratic and military regimes in Pakistan for the period of 1972-2009. Design/methodology/approach – This study exercised autoregressive distributed lag (ARDL)model. Findings – The results show that contractionary fiscal expansion occurs in Pakistan. Moreover, the coefficient of…
This study is an attempt to examine the role of sub categories of government expenditures under democratic and military regimes in Pakistan for the period of 1972-2009. Design/methodology/approach – This study exercised autoregressive distributed lag (ARDL)model. Findings – The results show that contractionary fiscal expansion occurs in Pakistan. Moreover, the coefficient of development…