Government expenditure and economic growth in ASEAN-5: long -run tendencies and short-term adjustment.
A question of whether the government should intervene to correct for short-run fluctuations in economic activity has always been an interesting topic for economists. This paper investigates the impact of government expenditure on the economic growth in ASEAN-5 countries during 1980-2006 by using Po...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
IJRCM
2013
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| Online Access: | http://psasir.upm.edu.my/id/eprint/30847/ http://psasir.upm.edu.my/id/eprint/30847/1/Government%20expenditure%20and%20economic%20growth%20in%20ASEAN.pdf |
| _version_ | 1848846794483564544 |
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| author | Rajabi, Ehsan Muhammad, Junaina |
| author_facet | Rajabi, Ehsan Muhammad, Junaina |
| author_sort | Rajabi, Ehsan |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | A question of whether the government should intervene to correct for short-run fluctuations in economic activity has always been an interesting topic for
economists. This paper investigates the impact of government expenditure on the economic growth in ASEAN-5 countries during 1980-2006 by using Pooled
Mean Group. To examining both short run and long run effects, findings demonstrate that a large government expenditure influences the economic growth of
countries negatively. This negative impact may be a sign of the lower productivity of the capital input in ASEAN-5 economies with a large government
expenditure. |
| first_indexed | 2025-11-15T09:08:22Z |
| format | Article |
| id | upm-30847 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T09:08:22Z |
| publishDate | 2013 |
| publisher | IJRCM |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-308472015-10-30T02:44:08Z http://psasir.upm.edu.my/id/eprint/30847/ Government expenditure and economic growth in ASEAN-5: long -run tendencies and short-term adjustment. Rajabi, Ehsan Muhammad, Junaina A question of whether the government should intervene to correct for short-run fluctuations in economic activity has always been an interesting topic for economists. This paper investigates the impact of government expenditure on the economic growth in ASEAN-5 countries during 1980-2006 by using Pooled Mean Group. To examining both short run and long run effects, findings demonstrate that a large government expenditure influences the economic growth of countries negatively. This negative impact may be a sign of the lower productivity of the capital input in ASEAN-5 economies with a large government expenditure. IJRCM 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/30847/1/Government%20expenditure%20and%20economic%20growth%20in%20ASEAN.pdf Rajabi, Ehsan and Muhammad, Junaina (2013) Government expenditure and economic growth in ASEAN-5: long -run tendencies and short-term adjustment. International Journal of Research in Commerce, Economics and Management, 3 (7). pp. 85-89. ISSN 2231-4245 |
| spellingShingle | Rajabi, Ehsan Muhammad, Junaina Government expenditure and economic growth in ASEAN-5: long -run tendencies and short-term adjustment. |
| title | Government expenditure and economic growth in ASEAN-5: long -run tendencies and short-term adjustment. |
| title_full | Government expenditure and economic growth in ASEAN-5: long -run tendencies and short-term adjustment. |
| title_fullStr | Government expenditure and economic growth in ASEAN-5: long -run tendencies and short-term adjustment. |
| title_full_unstemmed | Government expenditure and economic growth in ASEAN-5: long -run tendencies and short-term adjustment. |
| title_short | Government expenditure and economic growth in ASEAN-5: long -run tendencies and short-term adjustment. |
| title_sort | government expenditure and economic growth in asean-5: long -run tendencies and short-term adjustment. |
| url | http://psasir.upm.edu.my/id/eprint/30847/ http://psasir.upm.edu.my/id/eprint/30847/1/Government%20expenditure%20and%20economic%20growth%20in%20ASEAN.pdf |