The Behaviour Of Disaggregated Public Expenditures And Income In Malaysia
Abstract: The present study attempts to re-investigate the behaviour of disaggregated public expenditures data and national income for Malaysia. This study covers the sample period of annual data from 1960 to 2007. The Bartlett-corrected trace tests proposed by Johansen (2002) were used to ascertain...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Review of Applied Economics
2011
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| Online Access: | http://ir.unimas.my/id/eprint/1798/ http://ir.unimas.my/id/eprint/1798/1/Tang.pdf |
| _version_ | 1848834834698338304 |
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| author | Tang, Chor-Foon Lau, Evan |
| author_facet | Tang, Chor-Foon Lau, Evan |
| author_sort | Tang, Chor-Foon |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | Abstract: The present study attempts to re-investigate the behaviour of disaggregated public expenditures data and national income for Malaysia. This study covers the sample period of annual data from 1960 to 2007. The Bartlett-corrected trace tests proposed by Johansen (2002) were used to ascertain the presence of long run equilibrium relationship between public expenditures and national income. The results show one cointegrating vector for each specification of public expenditures. The relatively new MWALD test indicates a strong unidirectional causal effect runs from national income to public expenditures in Malaysia. While, bilateral causality evident exists merely between public expenditure on health and national income. In Malaysia, it is not a wise strategy to solely depend on fiscal policy for long-term economic development |
| first_indexed | 2025-11-15T05:58:17Z |
| format | Article |
| id | unimas-1798 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T05:58:17Z |
| publishDate | 2011 |
| publisher | Review of Applied Economics |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-17982021-07-05T12:55:56Z http://ir.unimas.my/id/eprint/1798/ The Behaviour Of Disaggregated Public Expenditures And Income In Malaysia Tang, Chor-Foon Lau, Evan HJ Public Finance HM Sociology Abstract: The present study attempts to re-investigate the behaviour of disaggregated public expenditures data and national income for Malaysia. This study covers the sample period of annual data from 1960 to 2007. The Bartlett-corrected trace tests proposed by Johansen (2002) were used to ascertain the presence of long run equilibrium relationship between public expenditures and national income. The results show one cointegrating vector for each specification of public expenditures. The relatively new MWALD test indicates a strong unidirectional causal effect runs from national income to public expenditures in Malaysia. While, bilateral causality evident exists merely between public expenditure on health and national income. In Malaysia, it is not a wise strategy to solely depend on fiscal policy for long-term economic development Review of Applied Economics 2011 Article NonPeerReviewed text en http://ir.unimas.my/id/eprint/1798/1/Tang.pdf Tang, Chor-Foon and Lau, Evan (2011) The Behaviour Of Disaggregated Public Expenditures And Income In Malaysia. REVIEW OF APPLIED ECONOMICS Vol. 7, No. 1-2,, 7 (1-2). |
| spellingShingle | HJ Public Finance HM Sociology Tang, Chor-Foon Lau, Evan The Behaviour Of Disaggregated Public Expenditures And Income In Malaysia |
| title | The Behaviour Of Disaggregated Public Expenditures And Income In Malaysia |
| title_full | The Behaviour Of Disaggregated Public Expenditures And Income In Malaysia |
| title_fullStr | The Behaviour Of Disaggregated Public Expenditures And Income In Malaysia |
| title_full_unstemmed | The Behaviour Of Disaggregated Public Expenditures And Income In Malaysia |
| title_short | The Behaviour Of Disaggregated Public Expenditures And Income In Malaysia |
| title_sort | behaviour of disaggregated public expenditures and income in malaysia |
| topic | HJ Public Finance HM Sociology |
| url | http://ir.unimas.my/id/eprint/1798/ http://ir.unimas.my/id/eprint/1798/1/Tang.pdf |