Open AccessA Study of Linkages between Fiscal Decentralization and Macroeconomic Performance in Pakistan (2000-2015)
Author(s) -
Ghulam Muhammad Mangnejo,
Muhammad Saleem Rahpoto
Publication year - 2019
Publication title -
global regional review
Language(s) - English
Resource type - Journals
eISSN - 2663-7030
pISSN - 2616-955X
DOI - 10.31703/grr.2019(iv-iv).24
Subject(s) - decentralization , revenue , devolution (biology) , economics , revenue sharing , estimation , regression analysis , macroeconomics , monetary economics , geography , finance , statistics , mathematics , management , archaeology , market economy , human evolution
This study has mainly examined the association “between Fiscal decentralization and Macroeconomic performance in” Pakistan. “The time series data 1980 to 2018 has been used for the above-stated purpose”. This empirical study has used the Eviews9 software and estimation technique regression for the empirical analysis. “The study has found the significant association between Macroeconomic performance and fiscal decentralization in the” country. The “chief variables of fiscal decentralization are revenue transfer to the provinces and revenue generated by federating units and results of both variables” suggest the higher extent of fiscal devolution. The horizontal resource distribution mechanism among the provinces and vertical resources sharing method between provinces and federal has remained a very hot and blistering subject of debate since the inception of the country.