The Behaviour of Disaggregated Public Expenditures and Income in Malaysia

dc.creatorTang, Chor-Foon
dc.creatorLau, Evan
dc.date2017-04-01T14:11:32Z
dc.date.accessioned2026-07-09T06:49:22Z
dc.descriptionThe 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.
dc.identifierdoi:10.22004/ag.econ.143423
dc.identifierhttps://ageconsearch.umn.edu/record/143423/files/4-Chor-Foon%20Tang.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/143423
dc.identifier.urihttp://hdl.handle.net/123456789/581219
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/143423
dc.titleThe Behaviour of Disaggregated Public Expenditures and Income in Malaysia
dc.typeText

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