Staff View: The impact of government debt on Malaysia's economic growth / Shaliza Azreen Mohd Zulkifli... [et al.]

The impact of government debt on Malaysia's economic growth / Shaliza Azreen Mohd Zulkifli... [et al.]

The Malaysian economic situation has not been improving since the 2010 world economic crisis. The vulnerability of Malaysia government to accumulating high debt is rather worrisome. This study attempts to identify the factors affecting Malaysia's economic growth; namely foreign debt, domestic d...

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Main Authors:	Mohd Zulkifli, Shaliza Azreen, Abd Karim, Izzatul Syazwani, Sheikh Zain, Rozihanim, Chen, Jen Eem
Format:	Article
Language:	English
Published:	Universiti Teknologi MARA Cawangan Pulau Pinang 2022
Subjects:	HB Economic Theory. Demography Business cycles. Economic fluctuations. Economic indicators Finance and cycles. Financial crises. Convergence (Economics) LG Individual institutions Malaysia Pulau Pinang Universiti Teknologi MARA Asia
Online Access:	https://ir.uitm.edu.my/id/eprint/62398/1/62398.pdf https://ir.uitm.edu.my/id/eprint/62398/ http://ejssh.uitm.edu.my
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id	my.uitm.ir.62398
record_format	eprints
spelling	my.uitm.ir.623982022-06-23T08:03:39Z https://ir.uitm.edu.my/id/eprint/62398/ The impact of government debt on Malaysia's economic growth / Shaliza Azreen Mohd Zulkifli... [et al.] Mohd Zulkifli, Shaliza Azreen Abd Karim, Izzatul Syazwani Sheikh Zain, Rozihanim Chen, Jen Eem HB Economic Theory. Demography Business cycles. Economic fluctuations. Economic indicators Finance and cycles. Financial crises. Convergence (Economics) LG Individual institutions Malaysia Pulau Pinang Universiti Teknologi MARA Asia The Malaysian economic situation has not been improving since the 2010 world economic crisis. The vulnerability of Malaysia government to accumulating high debt is rather worrisome. This study attempts to identify the factors affecting Malaysia's economic growth; namely foreign debt, domestic debt, labor force, trade openness and savings as independent variables and to identify the existence of a bi-directional relationship between economic growth and government debt. Annual time series data over the period from 1987 to 2017 was analyzed using the Dynamic Ordinary Least Square approach. It was found that domestic debt has a positive and significant impact on economic growth. On the other hand, foreign debt has a negative and significant effect on economic growth. Other than that, there is no existence of a bi-directional relationship between economic growth and government debt. This study provides insights for policymakers and investors about the importance of better and quality debt management. Theoretically, it provides a fresh view of the literature that will promote more empirical research in the future. Future studies should extend the current study by considering other key factors that might significantly influence the level of economic growth Universiti Teknologi MARA Cawangan Pulau Pinang 2022-04-26 Article PeerReviewed text en cc_by_nc_4 https://ir.uitm.edu.my/id/eprint/62398/1/62398.pdf The impact of government debt on Malaysia's economic growth / Shaliza Azreen Mohd Zulkifli... [et al.]. (2022) ESTEEM Journal of Social Sciences and Humanities, 6: 1. pp. 15-29. ISSN 2600-7274 http://ejssh.uitm.edu.my
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	HB Economic Theory. Demography Business cycles. Economic fluctuations. Economic indicators Finance and cycles. Financial crises. Convergence (Economics) LG Individual institutions Malaysia Pulau Pinang Universiti Teknologi MARA Asia
spellingShingle	HB Economic Theory. Demography Business cycles. Economic fluctuations. Economic indicators Finance and cycles. Financial crises. Convergence (Economics) LG Individual institutions Malaysia Pulau Pinang Universiti Teknologi MARA Asia Mohd Zulkifli, Shaliza Azreen Abd Karim, Izzatul Syazwani Sheikh Zain, Rozihanim Chen, Jen Eem The impact of government debt on Malaysia's economic growth / Shaliza Azreen Mohd Zulkifli... [et al.]
description	The Malaysian economic situation has not been improving since the 2010 world economic crisis. The vulnerability of Malaysia government to accumulating high debt is rather worrisome. This study attempts to identify the factors affecting Malaysia's economic growth; namely foreign debt, domestic debt, labor force, trade openness and savings as independent variables and to identify the existence of a bi-directional relationship between economic growth and government debt. Annual time series data over the period from 1987 to 2017 was analyzed using the Dynamic Ordinary Least Square approach. It was found that domestic debt has a positive and significant impact on economic growth. On the other hand, foreign debt has a negative and significant effect on economic growth. Other than that, there is no existence of a bi-directional relationship between economic growth and government debt. This study provides insights for policymakers and investors about the importance of better and quality debt management. Theoretically, it provides a fresh view of the literature that will promote more empirical research in the future. Future studies should extend the current study by considering other key factors that might significantly influence the level of economic growth
format	Article
author	Mohd Zulkifli, Shaliza Azreen Abd Karim, Izzatul Syazwani Sheikh Zain, Rozihanim Chen, Jen Eem
author_facet	Mohd Zulkifli, Shaliza Azreen Abd Karim, Izzatul Syazwani Sheikh Zain, Rozihanim Chen, Jen Eem
author_sort	Mohd Zulkifli, Shaliza Azreen
title	The impact of government debt on Malaysia's economic growth / Shaliza Azreen Mohd Zulkifli... [et al.]
title_short	The impact of government debt on Malaysia's economic growth / Shaliza Azreen Mohd Zulkifli... [et al.]
title_full	The impact of government debt on Malaysia's economic growth / Shaliza Azreen Mohd Zulkifli... [et al.]
title_fullStr	The impact of government debt on Malaysia's economic growth / Shaliza Azreen Mohd Zulkifli... [et al.]
title_full_unstemmed	The impact of government debt on Malaysia's economic growth / Shaliza Azreen Mohd Zulkifli... [et al.]
title_sort	impact of government debt on malaysia's economic growth / shaliza azreen mohd zulkifli... [et al.]
publisher	Universiti Teknologi MARA Cawangan Pulau Pinang
publishDate	2022
url	https://ir.uitm.edu.my/id/eprint/62398/1/62398.pdf https://ir.uitm.edu.my/id/eprint/62398/ http://ejssh.uitm.edu.my
_version_	1736837392609837056
score	13.211869

The impact of government debt on Malaysia's economic growth / Shaliza Azreen Mohd Zulkifli... [et al.]

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