The relationship between defense, education and health expenditures in selected Asian countries

This study explores the inter-relationship between military expenditure, education expenditure and health expenditure in eight selected Asian countries namely Malaysia, Indonesia, Singapore, Philippines, Bangladesh, Nepal, Sri Lanka and South Korea. Autoregressive Distributed Lag-Restricted Error...

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Main Authors: Mohd Tahir, Hirnissa, Habibullah, Muzafar Shah, Abdul Hamid, Baharom
Format: Article
Language:English
English
Published: Canadian Center of Science and Education 2009
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/17292/
http://psasir.upm.edu.my/id/eprint/17292/1/The%20relationship%20between%20defense.pdf
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author Mohd Tahir, Hirnissa
Habibullah, Muzafar Shah
Abdul Hamid, Baharom
author_facet Mohd Tahir, Hirnissa
Habibullah, Muzafar Shah
Abdul Hamid, Baharom
author_sort Mohd Tahir, Hirnissa
building UPM Institutional Repository
collection Online Access
description This study explores the inter-relationship between military expenditure, education expenditure and health expenditure in eight selected Asian countries namely Malaysia, Indonesia, Singapore, Philippines, Bangladesh, Nepal, Sri Lanka and South Korea. Autoregressive Distributed Lag-Restricted Error Correction Model (ARDL-RECM) procedure was utilized in the analysis. The empirical results suggest that, except for the case of Malaysia and Sri Lanka, whereby no meaningful interrelationship was detected between these three variables, the results for the rest of the countries are mixed, with differing granger causality being detected among these variables. The mixed results obtained in this study is an indicator of differing policy being implemented and will result in varying implication. Generally the error correction term is significant. Implying there is long-run relationship between defense spending, education and health expenditure.
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language English
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spelling upm-172922015-10-22T01:43:01Z http://psasir.upm.edu.my/id/eprint/17292/ The relationship between defense, education and health expenditures in selected Asian countries Mohd Tahir, Hirnissa Habibullah, Muzafar Shah Abdul Hamid, Baharom This study explores the inter-relationship between military expenditure, education expenditure and health expenditure in eight selected Asian countries namely Malaysia, Indonesia, Singapore, Philippines, Bangladesh, Nepal, Sri Lanka and South Korea. Autoregressive Distributed Lag-Restricted Error Correction Model (ARDL-RECM) procedure was utilized in the analysis. The empirical results suggest that, except for the case of Malaysia and Sri Lanka, whereby no meaningful interrelationship was detected between these three variables, the results for the rest of the countries are mixed, with differing granger causality being detected among these variables. The mixed results obtained in this study is an indicator of differing policy being implemented and will result in varying implication. Generally the error correction term is significant. Implying there is long-run relationship between defense spending, education and health expenditure. Canadian Center of Science and Education 2009-08 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/17292/1/The%20relationship%20between%20defense.pdf Mohd Tahir, Hirnissa and Habibullah, Muzafar Shah and Abdul Hamid, Baharom (2009) The relationship between defense, education and health expenditures in selected Asian countries. International Journal of Economics and Finance, 1 (2). pp. 149-155. ISSN 1916-971X Asia - Appropriations and expenditures Asia - Defense - Appropriations and expenditures Asia - Education - Appropriations and expenditures English
spellingShingle Asia - Appropriations and expenditures
Asia - Defense - Appropriations and expenditures
Asia - Education - Appropriations and expenditures
Mohd Tahir, Hirnissa
Habibullah, Muzafar Shah
Abdul Hamid, Baharom
The relationship between defense, education and health expenditures in selected Asian countries
title The relationship between defense, education and health expenditures in selected Asian countries
title_full The relationship between defense, education and health expenditures in selected Asian countries
title_fullStr The relationship between defense, education and health expenditures in selected Asian countries
title_full_unstemmed The relationship between defense, education and health expenditures in selected Asian countries
title_short The relationship between defense, education and health expenditures in selected Asian countries
title_sort relationship between defense, education and health expenditures in selected asian countries
topic Asia - Appropriations and expenditures
Asia - Defense - Appropriations and expenditures
Asia - Education - Appropriations and expenditures
url http://psasir.upm.edu.my/id/eprint/17292/
http://psasir.upm.edu.my/id/eprint/17292/1/The%20relationship%20between%20defense.pdf