Testing the relationship between government expenditure and national income in Malaysia

The present study aims to investigate the relationship between national income and Government expenditure in Malaysia. The annual data over the period 1960 to 1998 were used. The result of Johansen multivariate cointegration revealed that no long run relationship among the non-stationary variables e...

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Main Author: Tang, Tuck Cheong
Format: Article
Language:English
Published: Universiti Utara Malaysia 2001
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Online Access:http://repo.uum.edu.my/444/1/Tang_Tuck_Cheong.pdf
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spelling my.uum.repo.4442010-09-28T09:41:08Z http://repo.uum.edu.my/444/ Testing the relationship between government expenditure and national income in Malaysia Tang, Tuck Cheong HJ Public Finance The present study aims to investigate the relationship between national income and Government expenditure in Malaysia. The annual data over the period 1960 to 1998 were used. The result of Johansen multivariate cointegration revealed that no long run relationship among the non-stationary variables existed. Further, a unidirectional causality was observed, that is, from national income growth to Government expenditure growth. Thus, Wagner's law is supported by the data, in the short run. Some relevant policy issues and implications are discussed. Universiti Utara Malaysia 2001 Article PeerReviewed application/pdf en http://repo.uum.edu.my/444/1/Tang_Tuck_Cheong.pdf Tang, Tuck Cheong (2001) Testing the relationship between government expenditure and national income in Malaysia. Analisis, 8 (1&2). pp. 37-51. ISSN 0127-8983 http://ijms.uum.edu.my
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HJ Public Finance
spellingShingle HJ Public Finance
Tang, Tuck Cheong
Testing the relationship between government expenditure and national income in Malaysia
description The present study aims to investigate the relationship between national income and Government expenditure in Malaysia. The annual data over the period 1960 to 1998 were used. The result of Johansen multivariate cointegration revealed that no long run relationship among the non-stationary variables existed. Further, a unidirectional causality was observed, that is, from national income growth to Government expenditure growth. Thus, Wagner's law is supported by the data, in the short run. Some relevant policy issues and implications are discussed.
format Article
author Tang, Tuck Cheong
author_facet Tang, Tuck Cheong
author_sort Tang, Tuck Cheong
title Testing the relationship between government expenditure and national income in Malaysia
title_short Testing the relationship between government expenditure and national income in Malaysia
title_full Testing the relationship between government expenditure and national income in Malaysia
title_fullStr Testing the relationship between government expenditure and national income in Malaysia
title_full_unstemmed Testing the relationship between government expenditure and national income in Malaysia
title_sort testing the relationship between government expenditure and national income in malaysia
publisher Universiti Utara Malaysia
publishDate 2001
url http://repo.uum.edu.my/444/1/Tang_Tuck_Cheong.pdf
http://repo.uum.edu.my/444/
http://ijms.uum.edu.my
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score 13.1944895