Impact of macroeconomic indicators toward economic growth in Malaysia / Kelleon Lin Ko Chuan

Tax is a crucial tool in adjusting the economic policy and main sources for the government in collecting revenue for the public expenditure. This study is to aim in analysing how much tax contributes to shaping economic development. Through this final project, all the evidence is gathered to prov...

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Main Author: Lin Ko Chuan, Kelleon
Format: Student Project
Language:English
Published: 2020
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Online Access:http://ir.uitm.edu.my/id/eprint/39563/1/39563.pdf
http://ir.uitm.edu.my/id/eprint/39563/
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spelling my.uitm.ir.395632020-12-30T08:05:47Z http://ir.uitm.edu.my/id/eprint/39563/ Impact of macroeconomic indicators toward economic growth in Malaysia / Kelleon Lin Ko Chuan Lin Ko Chuan, Kelleon Economics Macroeconomics Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product Revenue. Taxation. Internal revenue Tax is a crucial tool in adjusting the economic policy and main sources for the government in collecting revenue for the public expenditure. This study is to aim in analysing how much tax contributes to shaping economic development. Through this final project, all the evidence is gathered to prove a significant correlation between income taxes towards GDP in Malaysia. Another variable is included for comparison by determining their correlation towards Malaysian economic growth. The time-series data period from 1989 until 2018 were chosen for observation. The variation of a test is used for examining the correlation of independent variables towards the dependent variables. The findings in this regression model show that only foreign direct investment provides a significant link towards the Malaysian economic development. While other variables include income tax, inflation and unemployment do not show a significant correlation in encouraging the growth of economic in Malaysia. This research purpose is aiming in providing an outlooks to the policymaker in Malaysia especially in adjusting the tax policy for an adequate tax system. Besides, the outlook on inflation, unemployment rate and foreign direct investment should always be considered by the policymaker in Malaysia for encouraging a significant growth of economic. 2020-07 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/39563/1/39563.pdf Lin Ko Chuan, Kelleon (2020) Impact of macroeconomic indicators toward economic growth in Malaysia / Kelleon Lin Ko Chuan. [Student Project] (Unpublished)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Economics
Macroeconomics
Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
Revenue. Taxation. Internal revenue
spellingShingle Economics
Macroeconomics
Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
Revenue. Taxation. Internal revenue
Lin Ko Chuan, Kelleon
Impact of macroeconomic indicators toward economic growth in Malaysia / Kelleon Lin Ko Chuan
description Tax is a crucial tool in adjusting the economic policy and main sources for the government in collecting revenue for the public expenditure. This study is to aim in analysing how much tax contributes to shaping economic development. Through this final project, all the evidence is gathered to prove a significant correlation between income taxes towards GDP in Malaysia. Another variable is included for comparison by determining their correlation towards Malaysian economic growth. The time-series data period from 1989 until 2018 were chosen for observation. The variation of a test is used for examining the correlation of independent variables towards the dependent variables. The findings in this regression model show that only foreign direct investment provides a significant link towards the Malaysian economic development. While other variables include income tax, inflation and unemployment do not show a significant correlation in encouraging the growth of economic in Malaysia. This research purpose is aiming in providing an outlooks to the policymaker in Malaysia especially in adjusting the tax policy for an adequate tax system. Besides, the outlook on inflation, unemployment rate and foreign direct investment should always be considered by the policymaker in Malaysia for encouraging a significant growth of economic.
format Student Project
author Lin Ko Chuan, Kelleon
author_facet Lin Ko Chuan, Kelleon
author_sort Lin Ko Chuan, Kelleon
title Impact of macroeconomic indicators toward economic growth in Malaysia / Kelleon Lin Ko Chuan
title_short Impact of macroeconomic indicators toward economic growth in Malaysia / Kelleon Lin Ko Chuan
title_full Impact of macroeconomic indicators toward economic growth in Malaysia / Kelleon Lin Ko Chuan
title_fullStr Impact of macroeconomic indicators toward economic growth in Malaysia / Kelleon Lin Ko Chuan
title_full_unstemmed Impact of macroeconomic indicators toward economic growth in Malaysia / Kelleon Lin Ko Chuan
title_sort impact of macroeconomic indicators toward economic growth in malaysia / kelleon lin ko chuan
publishDate 2020
url http://ir.uitm.edu.my/id/eprint/39563/1/39563.pdf
http://ir.uitm.edu.my/id/eprint/39563/
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score 13.211869