Investigating the Impact of Taxation on Economic Growth of Pakistan Using ARDL Approach

Abstract

Aim: The proposed investigation aims to inspect the relationship between the growth and development of the economy and taxation in the case of Pakistan. Methods: The study adopts secondary quality approach and research design for data collection and data analysis. The study collects secondary data from authentic sources for the period of 2013 to 2021, where all the latest articles are selected which that used the ARDL approach for empirical analysis. The research applies secondary qualitative data analysis techniques such as systematic literature review and thematic analysis to develop reliable findings and valid findings by comparing and contrasting findings of previous researches. Results/Findings: The results of the study indicate that in the overall economic growth of Pakistan is negatively affected by taxation policy in the country. Thus, the research implies some policy changes, which includes that it could be imperative to reduce the indirect taxes if the administration wants to amplify economic growth.