Error correction model for estimating the relationship between GDP and inflation in the Iraqi economy (1990-2020)

Document Type : Research Paper


1 University of Diyala, College of Administration and Economics, Iraq.

2 University of Wasit, College of Administration and Economics, Iraq.


The relationship between economic growth and inflation a concern for many countries in the developed and developing world, and erected in developed countries, a lot of research to laparoscopy relationship in order to overcome the problems that may be exposed to the States as a result of this association. The current research is an attempt to explore the trends in this relationship in Iraq in order to determine the ranges that can affect or be affected by growth as a result of inflation, period $(1990-2020)$ was adopted to range time frame in which you can determine the nature of the relationship between the two variables as well have been taking data at their nominal value as terms of GDP growth for the accurate diagnosis of the impact of inflation has been relying on time-series analysis to prove the direction of the relationship, and the paper confirmed the conclusion that there are two methods of fundamental bond that link inflation and economic growth in Iraq.


[1] T. Al-Ali, State Finance, Amman, Jordan: Zahran Pub. House, 2008.
[2] S. D. Al Khazraji, Coupled vertical–torsional and lateral free vibration of thin-walled curved beam, J. Engin. 16(2)
(2010) 5263–5282.
[3] F.R. Al-Tahtmouni, Testing the causal relationship and the co-integration between the Amman stock exchange
indices, Arab J. Admin. 32(1) (2012) 141–156.[4] S.S. Daoud, The impact of structural imbalances on inflation: A case study of the Iraqi economy, J. Econ. Admin.
Sci. 19(70) (2013) 268–296.
[5] A. I. Nour El-Din, The causal relationship between money supply and the exchange rate in Libya, Alex. J. Agric.
Res. 58(2) (2013) 149–160.
[6] K. H. A. Siddig, Oil crisis and the potential role of agriculture in the post-separation of Sudan, Emirates J. Food
Agric. 26(8) (2014) 737–749.
[7] M. Taqah, Inflation in the Iraqi economy between explanation and treatment, J. Econ. Admin. Sci. 5(15) (1998)
Volume 12, Issue 2
November 2021
Pages 1965-1979
  • Receive Date: 14 February 2021
  • Revise Date: 29 March 2021
  • Accept Date: 22 April 2021