Public Debt and Economic Growth: An Empirical Evidence from Pakistan
This paper examines the relationship between public debt and economic growth of Pakistan. For this purpose, the study employs annual time series data of Pakistan from 1976 to 2018. Auto Regressive Distributed Lag (ARDL) approach is utilized to investigate the short as well as long run relationships between the variables. Results of the Error Correction Model (ECM) confirm that external debt, debt
