There are many factors which can affect the process of economic growth. The objective of this article is to reveal the impact of export sector on economic growth in Iraq. To do that, data has been gathered for variables such as (oil-mining share to export sector, oil prices). ARDL model is applied to show the impaction of export, oil price and financial crisis on economic growth for the period of (2004-2019). Findings show that the coefficient of export is positively significant in short and longrun. It affects economic growth by 0.24% and 1.57% respectively. However, FC has a negative impact in the short-run by 0.06%. Iraqi’s government should reconsider about the structure of export sector and diversify that sector due to the sensitivity of this sector to the changes in the price of oil. Future study is needed with different time interval, different models, and economic situation.
Generally economic growth tends to lower inequality in the economy. The objective of this article is to determine the role of fiscal policy on inequality throughout economic growth. Iraq for the period of (2004-2019) has been chosen. Gross domestic production (GDP), Government expenditure (G.EXP), Poverty, and ISIS variables have been considered to model this article. Two models have been applied. The first one; is the model of the effect of G.EXP and ISIS on GDP by using the ARCH model. The result shows that G.EXP has a positive impact on economic growth. The second model is to examine the effect of GDP on Poverty by using the ARDL model. The result shows that GDP has a negative relationship with poverty as GDP increase poverty tends to decrease. The impacts of previous economic growth have more effect on poverty. It is anticipated that G.EXP decrease and GDP increases for the period of 2020 to 2025. It is recommended that government has to take immediate action to lower the rate of poverty and lessen the income distribution inequality in economy and reconstruct the harmed area by war to return migrated people to their original place. Increase the investment expenditure. Further study is needed with different and longer time interval and other relative variables related to this topic and using different methods for econometric models.
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