Testing the relationship between government expenditure and national income in Malaysia
The present study aims to investigate the relationship between national income and Government expenditure in Malaysia. The annual data over the period 1960 to 1998 were used. The result of Johansen multivariate cointegration revealed that no long run relationship among the non-stationary variables e...
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| Format: | Article |
| Language: | English |
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Universiti Utara Malaysia
2001
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| Online Access: | https://repo.uum.edu.my/id/eprint/444/1/Tang_Tuck_Cheong.pdf |
| _version_ | 1803624126307368960 |
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| author | Tang, Tuck Cheong |
| author_facet | Tang, Tuck Cheong |
| author_sort | Tang, Tuck Cheong |
| collection | UUM |
| description | The present study aims to investigate the relationship between national income and Government expenditure in Malaysia. The annual data over the period 1960 to 1998 were used. The result of Johansen multivariate cointegration revealed that no long run relationship among the non-stationary variables existed. Further, a unidirectional causality was observed, that is, from national income growth to Government expenditure growth. Thus, Wagner's law is supported by the data, in the short run. Some relevant policy issues and implications are discussed. |
| first_indexed | 2024-07-04T05:13:25Z |
| format | Article |
| id | uum-444 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T05:13:25Z |
| publishDate | 2001 |
| publisher | Universiti Utara Malaysia |
| record_format | dspace |
| spelling | uum-4442010-09-28T09:41:08Z https://repo.uum.edu.my/id/eprint/444/ Testing the relationship between government expenditure and national income in Malaysia Tang, Tuck Cheong HJ Public Finance The present study aims to investigate the relationship between national income and Government expenditure in Malaysia. The annual data over the period 1960 to 1998 were used. The result of Johansen multivariate cointegration revealed that no long run relationship among the non-stationary variables existed. Further, a unidirectional causality was observed, that is, from national income growth to Government expenditure growth. Thus, Wagner's law is supported by the data, in the short run. Some relevant policy issues and implications are discussed. Universiti Utara Malaysia 2001 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/444/1/Tang_Tuck_Cheong.pdf Tang, Tuck Cheong (2001) Testing the relationship between government expenditure and national income in Malaysia. Analisis, 8 (1&2). pp. 37-51. ISSN 0127-8983 http://ijms.uum.edu.my |
| spellingShingle | HJ Public Finance Tang, Tuck Cheong Testing the relationship between government expenditure and national income in Malaysia |
| title | Testing the relationship between government expenditure and national income in Malaysia |
| title_full | Testing the relationship between government expenditure and national income in Malaysia |
| title_fullStr | Testing the relationship between government expenditure and national income in Malaysia |
| title_full_unstemmed | Testing the relationship between government expenditure and national income in Malaysia |
| title_short | Testing the relationship between government expenditure and national income in Malaysia |
| title_sort | testing the relationship between government expenditure and national income in malaysia |
| topic | HJ Public Finance |
| url | https://repo.uum.edu.my/id/eprint/444/1/Tang_Tuck_Cheong.pdf |
| work_keys_str_mv | AT tangtuckcheong testingtherelationshipbetweengovernmentexpenditureandnationalincomeinmalaysia |