قياس و تحليل العلاقة السببية بين كمية النقود و الناتج المحلي الإجمالي للعراق : حالة دراسية للفترة 1990-2015

Abstract EN

The aim of the research is to measure and analyze the causal relationship between the change in cash exposure in both narrow and broad terms (M1, M2) and the real GDP growth in the Iraqi economy during the period 1990-2015.

To determine the direction of the causal relationship between real GDP and cash supply and to determine the long-term and short-term equilibrium, we used (Engel and Cranger) causality, the co-integration test and the error correction model.

by applying the error correction model.

the results of the study shown that there is a long-term balance between money supply in narrow and wide terms and gross domestic product at constant prices, and it supports the views of monetarism that the money has an impact on economic activity.