Measuring the effect of Money Supply on Economic Growth in Iraq Using a Methodology (ARDL) for the (2003-2020)

Abstract

The money supply plays an important role in the development of the sectors of the national economy, and this role is evidenced by the influence of the money supply on the process of economic growth in general, because the gross domestic product (GDP)GDP) represents one of the important indicators of the growth process, so the research deals with part of that relationship between the money supply and the gross domestic product, to reflect that relationship on the national economy, as the study aims to measure and analyze the money supply and economic growth represented by the gross domestic product.at pricesfixed in Iraq for the period (2003-2020), and the standard model was built that includes the money supply in the narrow, broad and broader sense, and the gross domestic productat pricesfixed, and according to semi-annual data using the program (Eviews12) The study concluded that there is a co-integration relationship between the variables of the study, and it became clear that there is a one-way causal relationship between the money supply in the narrow sense that causes the gross domestic productat pricesThe fixed and one-way causal relationship between the money supply in the broad sense and the gross domestic productat pricesPersistent and there is no causal relationship betweenShownIn the broadest sense, monetary and gross domestic productat pricesfirmware.