The relationship between state's revenues and expenditures in Malaysia: some robust results

This study focuses on the intertemporal dynamics between revenues and expenditures, as well as the strategies used by state governments in managing their public deficits. This study provides an opportunity to explore several hypotheses to investigate the Malaysian government's tax collection an...

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Main Authors: Habibullah, Muzafar Shah, Abd. Ghani, Judhiana, Abdullah, Asna Atqa, Zaharuddin, Zati Aqmar
Format: Article
Language:English
Published: Universiti Putra Malaysia 2025
Online Access:http://psasir.upm.edu.my/id/eprint/117777/
http://psasir.upm.edu.my/id/eprint/117777/1/117774.pdf
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author Habibullah, Muzafar Shah
Abd. Ghani, Judhiana
Abdullah, Asna Atqa
Zaharuddin, Zati Aqmar
author_facet Habibullah, Muzafar Shah
Abd. Ghani, Judhiana
Abdullah, Asna Atqa
Zaharuddin, Zati Aqmar
author_sort Habibullah, Muzafar Shah
building UPM Institutional Repository
collection Online Access
description This study focuses on the intertemporal dynamics between revenues and expenditures, as well as the strategies used by state governments in managing their public deficits. This study provides an opportunity to explore several hypotheses to investigate the Malaysian government's tax collection and spending behavior. The tax-spend hypothesis posits that governments generate tax revenues prior to initiating new expenditures. In contrast, the spend-tax hypothesis posits that governments first engage in spending activities and afterwards augment tax receipts in order to fund their expenditures. Another concept that exists is the fiscal synchronization hypothesis, which posits that governments make choices about both revenues and spending concurrently. Choices pertaining to expenditure and the generation of income may allow for autonomy. Based on an empirical investigation conducted on yearly data including revenue and expenditure in 13 Malaysian states from 1990 to 2018, the findings derived from our Granger long-run causality, as corrected by the error-correction framework provide consistent results that support the fiscal synchronization hypothesis. © (2025), (Universiti Putra Malaysia). All rights reserved.
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spelling upm-1177772025-06-12T01:20:50Z http://psasir.upm.edu.my/id/eprint/117777/ The relationship between state's revenues and expenditures in Malaysia: some robust results Habibullah, Muzafar Shah Abd. Ghani, Judhiana Abdullah, Asna Atqa Zaharuddin, Zati Aqmar This study focuses on the intertemporal dynamics between revenues and expenditures, as well as the strategies used by state governments in managing their public deficits. This study provides an opportunity to explore several hypotheses to investigate the Malaysian government's tax collection and spending behavior. The tax-spend hypothesis posits that governments generate tax revenues prior to initiating new expenditures. In contrast, the spend-tax hypothesis posits that governments first engage in spending activities and afterwards augment tax receipts in order to fund their expenditures. Another concept that exists is the fiscal synchronization hypothesis, which posits that governments make choices about both revenues and spending concurrently. Choices pertaining to expenditure and the generation of income may allow for autonomy. Based on an empirical investigation conducted on yearly data including revenue and expenditure in 13 Malaysian states from 1990 to 2018, the findings derived from our Granger long-run causality, as corrected by the error-correction framework provide consistent results that support the fiscal synchronization hypothesis. © (2025), (Universiti Putra Malaysia). All rights reserved. Universiti Putra Malaysia 2025 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/117777/1/117774.pdf Habibullah, Muzafar Shah and Abd. Ghani, Judhiana and Abdullah, Asna Atqa and Zaharuddin, Zati Aqmar (2025) The relationship between state's revenues and expenditures in Malaysia: some robust results. International Journal of Economics and Management, 19 (1). pp. 115-133. ISSN 1823-836X http://www.ijem.upm.edu.my/vol19no1/8)%20The%20Relationship%20Between%20States%20Revenues.pdf 10.47836/ijeam.19.1.08
spellingShingle Habibullah, Muzafar Shah
Abd. Ghani, Judhiana
Abdullah, Asna Atqa
Zaharuddin, Zati Aqmar
The relationship between state's revenues and expenditures in Malaysia: some robust results
title The relationship between state's revenues and expenditures in Malaysia: some robust results
title_full The relationship between state's revenues and expenditures in Malaysia: some robust results
title_fullStr The relationship between state's revenues and expenditures in Malaysia: some robust results
title_full_unstemmed The relationship between state's revenues and expenditures in Malaysia: some robust results
title_short The relationship between state's revenues and expenditures in Malaysia: some robust results
title_sort relationship between state's revenues and expenditures in malaysia: some robust results
url http://psasir.upm.edu.my/id/eprint/117777/
http://psasir.upm.edu.my/id/eprint/117777/
http://psasir.upm.edu.my/id/eprint/117777/
http://psasir.upm.edu.my/id/eprint/117777/1/117774.pdf