Government development expenditure and government debt in Malaysia

Government development expenditure and government debt in Malaysia

Government debt in Malaysia sharply increased in recently years and Malaysian government run budget deficit along the years since 1997 Asian financial crisis. Government debt accumulated mainly due to overspending of its finance. This study is done to determine the relationship between government...

Full description

Bibliographic Details
Main Author: See, Yong Liang
Format: Project Report
Language:English
English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2015
Subjects:
HG Finance
Online Access:http://ir.unimas.my/12328/
http://ir.unimas.my/12328/1/Government%20development%20expenditure%20and%20government%20debt%20in%20Malaysia%20%2824pgs%29.pdf
http://ir.unimas.my/12328/2/Government%20development%20expenditure%20and%20government%20debt%20in%20Malaysia%20%28fulltext%29.pdf
id unimas-12328
recordtype eprints
spelling unimas-123282016-06-14T02:33:55Z http://ir.unimas.my/12328/ Government development expenditure and government debt in Malaysia See, Yong Liang HG Finance Government debt in Malaysia sharply increased in recently years and Malaysian government run budget deficit along the years since 1997 Asian financial crisis. Government debt accumulated mainly due to overspending of its finance. This study is done to determine the relationship between government development expenditure components and government debt in Malaysia for the period of 1970-2014. The variables adopted in the analysis are government debt (GD), development expenditure for defense and security (DEFS), for economic services (ECOS) and for social services (SOCS). All the variables has been transform into natural logarithm form for analysis purpose. The methods used in this study are Augmented Dickey-Fuller (ADF) Unit Root Test, Phillips-Perron (PP) Unit Root Test, Johansen-Juselius Cointegration test and Vector Error Correction Model (VECM)-based Granger Causality test. The findings of this study confirm that LGD, LDEFS, LECOS and LSOCS are cointegrated in the long run. LECOS and LSOCS have a significant and positive relationship with LGD; while LDEFS has negatively impact on LGD. Universiti Malaysia Sarawak, (UNIMAS) 2015 Project Report NonPeerReviewed text en http://ir.unimas.my/12328/1/Government%20development%20expenditure%20and%20government%20debt%20in%20Malaysia%20%2824pgs%29.pdf text en http://ir.unimas.my/12328/2/Government%20development%20expenditure%20and%20government%20debt%20in%20Malaysia%20%28fulltext%29.pdf See, Yong Liang (2015) Government development expenditure and government debt in Malaysia. [Project Report] (Unpublished)
repository_type Digital Repository
institution_category Local University
institution Universiti Malaysia Sarawak
building UNIMAS Institutional Repository
collection Online Access
language English
English
topic HG Finance
spellingShingle HG Finance
See, Yong Liang
Government development expenditure and government debt in Malaysia
description Government debt in Malaysia sharply increased in recently years and Malaysian government run budget deficit along the years since 1997 Asian financial crisis. Government debt accumulated mainly due to overspending of its finance. This study is done to determine the relationship between government development expenditure components and government debt in Malaysia for the period of 1970-2014. The variables adopted in the analysis are government debt (GD), development expenditure for defense and security (DEFS), for economic services (ECOS) and for social services (SOCS). All the variables has been transform into natural logarithm form for analysis purpose. The methods used in this study are Augmented Dickey-Fuller (ADF) Unit Root Test, Phillips-Perron (PP) Unit Root Test, Johansen-Juselius Cointegration test and Vector Error Correction Model (VECM)-based Granger Causality test. The findings of this study confirm that LGD, LDEFS, LECOS and LSOCS are cointegrated in the long run. LECOS and LSOCS have a significant and positive relationship with LGD; while LDEFS has negatively impact on LGD.
format Project Report
author See, Yong Liang
author_facet See, Yong Liang
author_sort See, Yong Liang
title Government development expenditure and government debt in Malaysia
title_short Government development expenditure and government debt in Malaysia
title_full Government development expenditure and government debt in Malaysia
title_fullStr Government development expenditure and government debt in Malaysia
title_full_unstemmed Government development expenditure and government debt in Malaysia
title_sort government development expenditure and government debt in malaysia
publisher Universiti Malaysia Sarawak, (UNIMAS)
publishDate 2015
url http://ir.unimas.my/12328/
http://ir.unimas.my/12328/1/Government%20development%20expenditure%20and%20government%20debt%20in%20Malaysia%20%2824pgs%29.pdf
http://ir.unimas.my/12328/2/Government%20development%20expenditure%20and%20government%20debt%20in%20Malaysia%20%28fulltext%29.pdf
first_indexed 2018-09-06T15:59:27Z
last_indexed 2018-09-06T15:59:27Z
_version_ 1610874427030896640

Similar Items