Interaction Between Monetary and Fiscal Policy and its Impact on the Gross Domestic Product in Iraq for the Period (1990 - 2020)

Ghazi, Faisal G; Al Jwejatee, Aws F. A

doi:10.33899/tanra.2022.140277.1304

	Interaction Between Monetary and Fiscal Policy and its Impact on the Gross Domestic Product in Iraq for the Period (1990 - 2020)
TANMIYAT AL-RAFIDAIN
Volume 42, Issue 138, 2023, Pages 9-23 PDF (738.81 K)
Document Type: Research Paper
DOI: 10.33899/tanra.2022.140277.1304
Authors
faisal G ghazi^* ; Aws F. A Al jwejatee
Department of Economics, College of Administration and Economics, University of Mosul, Mosul, Iraq
Abstract
The study aims to measure the impact of the integration of the monetary and fiscal policies on the gross domestic product in Iraq, as coordination in the use of fiscal and monetary policy tools is one of the most important factors of success and effectiveness to achieve economic goals, especially for the study, and then enhance research through quantitative measurement to measure the economic role. and finding the values of the variables and verifying the validity of the functional relationships between the monetary and financial policy variables and their impact on the gross domestic product in Iraq during the period (1990 - 2020) through the Autoregressive Distributed Time Gaps Model (ARDL), and the study concluded that the integration between the monetary and financial policies positively affects the gross domestic product in Iraq, and this reflects the important role that The integration between the two policies can play in supporting economic activity, creating added values, and achieving economic and monetary stability. On the other hand, to reduce the negative effects resulting from the conflict between the tools.
Keywords
The Integration Of Monetary And Fiscal Policies; Gross Domestic Product; ARDL . Test

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