Government development expenditure and government debt in Malaysia

Government debt in Malaysia sharply increased in recently years and Malaysian government run budget deficit along the years since 1997 Asian financial crisis. Government debt accumulated mainly due to overspending of its finance. This study is done to determine the relationship between government...

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Main Author: See, Yong Liang
Format: Final Year Project Report
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2015
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Online Access:http://ir.unimas.my/id/eprint/12328/5/Yong%20Liang%28fulltext%29.pdf
http://ir.unimas.my/id/eprint/12328/
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spelling my.unimas.ir.123282023-10-17T03:10:19Z http://ir.unimas.my/id/eprint/12328/ Government development expenditure and government debt in Malaysia See, Yong Liang HG Finance Government debt in Malaysia sharply increased in recently years and Malaysian government run budget deficit along the years since 1997 Asian financial crisis. Government debt accumulated mainly due to overspending of its finance. This study is done to determine the relationship between government development expenditure components and government debt in Malaysia for the period of 1970-2014. The variables adopted in the analysis are government debt (GD), development expenditure for defense and security (DEFS), for economic services (ECOS) and for social services (SOCS). All the variables has been transform into natural logarithm form for analysis purpose. The methods used in this study are Augmented Dickey-Fuller (ADF) Unit Root Test, Phillips-Perron (PP) Unit Root Test, Johansen-Juselius Cointegration test and Vector Error Correction Model (VECM)-based Granger Causality test. The findings of this study confirm that LGD, LDEFS, LECOS and LSOCS are cointegrated in the long run. LECOS and LSOCS have a significant and positive relationship with LGD; while LDEFS has negatively impact on LGD. Universiti Malaysia Sarawak, (UNIMAS) 2015 Final Year Project Report NonPeerReviewed text en http://ir.unimas.my/id/eprint/12328/5/Yong%20Liang%28fulltext%29.pdf See, Yong Liang (2015) Government development expenditure and government debt in Malaysia. [Final Year Project Report] (Unpublished)
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HG Finance
spellingShingle HG Finance
See, Yong Liang
Government development expenditure and government debt in Malaysia
description Government debt in Malaysia sharply increased in recently years and Malaysian government run budget deficit along the years since 1997 Asian financial crisis. Government debt accumulated mainly due to overspending of its finance. This study is done to determine the relationship between government development expenditure components and government debt in Malaysia for the period of 1970-2014. The variables adopted in the analysis are government debt (GD), development expenditure for defense and security (DEFS), for economic services (ECOS) and for social services (SOCS). All the variables has been transform into natural logarithm form for analysis purpose. The methods used in this study are Augmented Dickey-Fuller (ADF) Unit Root Test, Phillips-Perron (PP) Unit Root Test, Johansen-Juselius Cointegration test and Vector Error Correction Model (VECM)-based Granger Causality test. The findings of this study confirm that LGD, LDEFS, LECOS and LSOCS are cointegrated in the long run. LECOS and LSOCS have a significant and positive relationship with LGD; while LDEFS has negatively impact on LGD.
format Final Year Project Report
author See, Yong Liang
author_facet See, Yong Liang
author_sort See, Yong Liang
title Government development expenditure and government debt in Malaysia
title_short Government development expenditure and government debt in Malaysia
title_full Government development expenditure and government debt in Malaysia
title_fullStr Government development expenditure and government debt in Malaysia
title_full_unstemmed Government development expenditure and government debt in Malaysia
title_sort government development expenditure and government debt in malaysia
publisher Universiti Malaysia Sarawak, (UNIMAS)
publishDate 2015
url http://ir.unimas.my/id/eprint/12328/5/Yong%20Liang%28fulltext%29.pdf
http://ir.unimas.my/id/eprint/12328/
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score 13.244745