Debt Sustainability And Economic Growth In Malaysia

The general objective of this study are to investigate the relationship between external debt and economic growth in Malaysia. In addition, this study also examine whether the Malaysia's external debt is consistent with a sustainability path. To achieve the general objective, the annual data o...

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Main Author: Tuang, Geng Qiang
Format: Final Year Project Report
Language:English
English
Published: Universiti Malaysia Sarawak (UNIMAS) 2016
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Online Access:http://ir.unimas.my/id/eprint/23996/1/Geng%20%28%2024pgs%29.pdf
http://ir.unimas.my/id/eprint/23996/5/Tuang%20ft.pdf
http://ir.unimas.my/id/eprint/23996/
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spelling my.unimas.ir.239962024-03-26T08:25:39Z http://ir.unimas.my/id/eprint/23996/ Debt Sustainability And Economic Growth In Malaysia Tuang, Geng Qiang HC Economic History and Conditions The general objective of this study are to investigate the relationship between external debt and economic growth in Malaysia. In addition, this study also examine whether the Malaysia's external debt is consistent with a sustainability path. To achieve the general objective, the annual data of growth rate in GDP per capita (GDP) and ratio of external debt to GDP (EDY) are covered from 1975 to 2014. Besides, the annual data that covered from 2001 to 2013 are used to test the second purpose of this study. Based on the empirical results, it shows that the variable of GDP is I(0) whereas the EDY is I(1). Moreover, the empirical results also provide the evidence of the existence of long run relationship between GDP and EDY with one cointegrating vector. Furthermore, based on the results of VECM test, it shows that this study consist of one long run causality relationship between GDP and EDY. However, there is no short run causality relationship between GDP and EDY based on the VECM based Granger causality test. Apart from that, the results of EDD equation indicate that the external debt in Malaysia is consisting on a sustainability path. Universiti Malaysia Sarawak (UNIMAS) 2016 Final Year Project Report NonPeerReviewed text en http://ir.unimas.my/id/eprint/23996/1/Geng%20%28%2024pgs%29.pdf text en http://ir.unimas.my/id/eprint/23996/5/Tuang%20ft.pdf Tuang, Geng Qiang (2016) Debt Sustainability And Economic Growth 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 [Final Year Project Report] (Unpublished)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
English
topic HC Economic History and Conditions
spellingShingle HC Economic History and Conditions
Tuang, Geng Qiang
Debt Sustainability And Economic Growth In Malaysia
description The general objective of this study are to investigate the relationship between external debt and economic growth in Malaysia. In addition, this study also examine whether the Malaysia's external debt is consistent with a sustainability path. To achieve the general objective, the annual data of growth rate in GDP per capita (GDP) and ratio of external debt to GDP (EDY) are covered from 1975 to 2014. Besides, the annual data that covered from 2001 to 2013 are used to test the second purpose of this study. Based on the empirical results, it shows that the variable of GDP is I(0) whereas the EDY is I(1). Moreover, the empirical results also provide the evidence of the existence of long run relationship between GDP and EDY with one cointegrating vector. Furthermore, based on the results of VECM test, it shows that this study consist of one long run causality relationship between GDP and EDY. However, there is no short run causality relationship between GDP and EDY based on the VECM based Granger causality test. Apart from that, the results of EDD equation indicate that the external debt in Malaysia is consisting on a sustainability path.
format Final Year Project Report
author Tuang, Geng Qiang
author_facet Tuang, Geng Qiang
author_sort Tuang, Geng Qiang
title Debt Sustainability And Economic Growth In Malaysia
title_short Debt Sustainability And Economic Growth In Malaysia
title_full Debt Sustainability And Economic Growth In Malaysia
title_fullStr Debt Sustainability And Economic Growth In Malaysia
title_full_unstemmed Debt Sustainability And Economic Growth In Malaysia
title_sort debt sustainability and economic growth in malaysia
publisher Universiti Malaysia Sarawak (UNIMAS)
publishDate 2016
url http://ir.unimas.my/id/eprint/23996/1/Geng%20%28%2024pgs%29.pdf
http://ir.unimas.my/id/eprint/23996/5/Tuang%20ft.pdf
http://ir.unimas.my/id/eprint/23996/
_version_ 1794644201274605568
score 13.211869