Measuring and analyzing the impact of fiscal discipline indicators on Iraq's GDP for the period 2004-2022

Abstract

This research aims to measure and analyze the impact of fiscal discipline indicators on Iraq's GDP for the period 2004-2022 using the Autoregressive Distributed Lag (ARDL) model after conducting stationarity tests on the selected time series. The research concludes that there is a positive (direct) relationship between fiscal discipline indicators and Iraq's GDP. The research recommends adhering to fiscal discipline indicators to increase GDP and reduce reliance on a single source of income oil revenues which are vulnerable to fluctuations in global oil prices, thus mitigating external shocks.