Issue of Consumers Burden: The Role of Taxation and Economic Growth in Malaysia

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building INTELEK Repository
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collectionurl https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072
date 2017-09-19 12:50:19
eventvenue Universiti Sains Malaysia, Pulau Pinang
format Restricted Document
id 6317
institution UniSZA
originalfilename 1162-01-FH03-FESP-18-12454.pdf
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resourceurl https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6317
spelling 6317 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6317 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Conference Conference Paper application/pdf 11 1.6 Adobe Acrobat Pro DC 20 Paper Capture Plug-in Ideacentre 2017-09-19 12:50:19 1162-01-FH03-FESP-18-12454.pdf UniSZA Private Access Issue of Consumers Burden: The Role of Taxation and Economic Growth in Malaysia With the recent debatable issue on the newly implemented tax reforms and the progressive economic development in Malaysia, this study intends to explore the effects of taxation and economic growth on consumers burden in Malaysia. The inquiry of such relationship is crucial in view of the current increase of living cost that is experienced by Malaysian consumers. The analysis was conducted using the Autoregressive Distributed Lag (ARDL) estimation and Granger causality testing on the quarterly time series data for the period of 1996-2016. Consequently, the results from this study provided evidence on the existence of long run relationship between the consumers‟ burden-taxation-growth nexus. Additionally, other major findings by the ARDL short and long run analysis revealed that indirect taxes significantly affected consumers‟ burden in the short run only while economic growth of the nation have both short run and long run impact on consumers burden. The 12th Asian Academy of Management International Conference 2017 Universiti Sains Malaysia, Pulau Pinang
spellingShingle Issue of Consumers Burden: The Role of Taxation and Economic Growth in Malaysia
summary With the recent debatable issue on the newly implemented tax reforms and the progressive economic development in Malaysia, this study intends to explore the effects of taxation and economic growth on consumers burden in Malaysia. The inquiry of such relationship is crucial in view of the current increase of living cost that is experienced by Malaysian consumers. The analysis was conducted using the Autoregressive Distributed Lag (ARDL) estimation and Granger causality testing on the quarterly time series data for the period of 1996-2016. Consequently, the results from this study provided evidence on the existence of long run relationship between the consumers‟ burden-taxation-growth nexus. Additionally, other major findings by the ARDL short and long run analysis revealed that indirect taxes significantly affected consumers‟ burden in the short run only while economic growth of the nation have both short run and long run impact on consumers burden.
title Issue of Consumers Burden: The Role of Taxation and Economic Growth in Malaysia
title_full Issue of Consumers Burden: The Role of Taxation and Economic Growth in Malaysia
title_fullStr Issue of Consumers Burden: The Role of Taxation and Economic Growth in Malaysia
title_full_unstemmed Issue of Consumers Burden: The Role of Taxation and Economic Growth in Malaysia
title_short Issue of Consumers Burden: The Role of Taxation and Economic Growth in Malaysia
title_sort issue of consumers burden: the role of taxation and economic growth in malaysia