The economic effect on Malaysian budget / Khairunnisa Nabilah Kamal

This paper is primarily interested to examine the economic effect on Malaysian budget from the year 1991 to 2020. A specific question that is addressed in this study is whether the economic effect contribute to the changes Malaysian budget in Malaysia. Hence, the independent variables that were chos...

Full description

Saved in:
Bibliographic Details
Main Author: Kamal, Khairunnisa Nabilah
Format: Thesis
Language:English
Published: 2022
Online Access:https://ir.uitm.edu.my/id/eprint/99789/1/99789.pdf
https://ir.uitm.edu.my/id/eprint/99789/
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This paper is primarily interested to examine the economic effect on Malaysian budget from the year 1991 to 2020. A specific question that is addressed in this study is whether the economic effect contribute to the changes Malaysian budget in Malaysia. Hence, the independent variables that were chosen in this study are gross domestic product (GDP), exchange rate (ER) tax revenue (TAX) and interest rate (IR) while the government budget would be the dependent variable. This paper utilized the Ordinary Least Squares (OLS) regression method in determining the significance of the independent variables in causing budget deficit. The correlation test, multicollinearity test, normality test and regression analysis were also employed in order to discover the properties of data collected from The World Bank and Trading Economic. Overall, the results indicate that GDP and IR have a significant relationship with Malaysia's government budget. The study also found insignificant relationship between ER and TAX with government budget over the study period. Keywords: Budget, Gross Domestic Product, Exchange Rate, Tax Revenue, Interest Rate, Malaysia