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The impact of governance on economic growth in Malaysia

This study uses the Autoregressive Distributed Lag (ARDL) model to examine the effect of governance on economic growth in Malaysia over the 1996 to 2018 period. In this study the standard of governance is graded as democratic and scientific. These two global governance metrics are synonymous with...

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Main Authors: Huang, Chiung-Ju, Ho, Yuan-Hong
Format: Article
Language:English
Published: Institute of the Malay World and Civilization, Universiti Kebangsaan Malaysia 2021
Online Access:http://journalarticle.ukm.my/16199/1/jatma-2021-0901-01.pdf
http://journalarticle.ukm.my/16199/
http://www.ukm.my/jatma/jilid-9-bil-1/
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spelling my-ukm.journal.161992021-02-18T02:26:35Z http://journalarticle.ukm.my/16199/ The impact of governance on economic growth in Malaysia Huang, Chiung-Ju Ho, Yuan-Hong This study uses the Autoregressive Distributed Lag (ARDL) model to examine the effect of governance on economic growth in Malaysia over the 1996 to 2018 period. In this study the standard of governance is graded as democratic and scientific. These two global governance metrics are synonymous with “voice and accountability” and “political stability and absence of violence” (WGIs). In the meantime, four WGI metrics are concerned with “government effectiveness”, “regulatory quality”, “rule of law”, and “control of corruption”. Empirical results show that the impact of democratic quality and technical quality on economic growth is significantly positive. The findings suggest that the promotion of good governance is useful in facilitating economic growth in Malaysia. Institute of the Malay World and Civilization, Universiti Kebangsaan Malaysia 2021 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/16199/1/jatma-2021-0901-01.pdf Huang, Chiung-Ju and Ho, Yuan-Hong (2021) The impact of governance on economic growth in Malaysia. International Journal of the Malay World and Civilisation, 9 (1). pp. 3-9. ISSN 2289-1706 http://www.ukm.my/jatma/jilid-9-bil-1/
institution Universiti Kebangsaan Malaysia
building Tun Sri Lanang Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Kebangsaan Malaysia
content_source UKM Journal Article Repository
url_provider http://journalarticle.ukm.my/
language English
description This study uses the Autoregressive Distributed Lag (ARDL) model to examine the effect of governance on economic growth in Malaysia over the 1996 to 2018 period. In this study the standard of governance is graded as democratic and scientific. These two global governance metrics are synonymous with “voice and accountability” and “political stability and absence of violence” (WGIs). In the meantime, four WGI metrics are concerned with “government effectiveness”, “regulatory quality”, “rule of law”, and “control of corruption”. Empirical results show that the impact of democratic quality and technical quality on economic growth is significantly positive. The findings suggest that the promotion of good governance is useful in facilitating economic growth in Malaysia.
format Article
author Huang, Chiung-Ju
Ho, Yuan-Hong
spellingShingle Huang, Chiung-Ju
Ho, Yuan-Hong
The impact of governance on economic growth in Malaysia
author_facet Huang, Chiung-Ju
Ho, Yuan-Hong
author_sort Huang, Chiung-Ju
title The impact of governance on economic growth in Malaysia
title_short The impact of governance on economic growth in Malaysia
title_full The impact of governance on economic growth in Malaysia
title_fullStr The impact of governance on economic growth in Malaysia
title_full_unstemmed The impact of governance on economic growth in Malaysia
title_sort impact of governance on economic growth in malaysia
publisher Institute of the Malay World and Civilization, Universiti Kebangsaan Malaysia
publishDate 2021
url http://journalarticle.ukm.my/16199/1/jatma-2021-0901-01.pdf
http://journalarticle.ukm.my/16199/
http://www.ukm.my/jatma/jilid-9-bil-1/
_version_ 1692992928167755776
score 13.211869

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