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Income Inequality, Income Growth and Government Redistribution in Malaysia: What Do We Know in the Long Run?

: Malaysia has a good track record of reducing income inequality, especially between ethnic groups. In recent years, increasing attention has been paid to national inequality – notably by targeting the bottom 40% income group while sustaining growth with inclusivity. This paper uses the latest co...

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Main Authors: Soo, Khoon Goh, Koi, Nyen Wong, Kartinah, Ayupp, You, Wah Lai
Format: Article
Language:English
Published: 2023
Subjects:
HB Economic Theory
Online Access:http://ir.unimas.my/id/eprint/42306/1/Income%20Inequality.pdf
http://ir.unimas.my/id/eprint/42306/
https://mjes.um.edu.my/index.php/MJES/article/view/44907
https://doi.org/10.22452/MJES.vol60no1.4
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spelling my.unimas.ir.423062023-07-17T01:48:14Z http://ir.unimas.my/id/eprint/42306/ Income Inequality, Income Growth and Government Redistribution in Malaysia: What Do We Know in the Long Run? Soo, Khoon Goh Koi, Nyen Wong Kartinah, Ayupp You, Wah Lai HB Economic Theory : Malaysia has a good track record of reducing income inequality, especially between ethnic groups. In recent years, increasing attention has been paid to national inequality – notably by targeting the bottom 40% income group while sustaining growth with inclusivity. This paper uses the latest cointegration technique, namely, the augmented autoregressive distributed lag (A-ARDL) to examine the long-run determinants of income inequality in Malaysia. The long-run results suggest that income inequality is negatively driven by real GDP per capita and government redistribution of income. The findings provide some possible policy implications that could reduce income inequality in the long run, in particular, through the enhancement of the quality and skills of the workforce, and the government’s benevolent role by using redistributive instruments such as progressive income tax and cash transfers to low-income groups. 2023 Article PeerReviewed text en http://ir.unimas.my/id/eprint/42306/1/Income%20Inequality.pdf Soo, Khoon Goh and Koi, Nyen Wong and Kartinah, Ayupp and You, Wah Lai (2023) Income Inequality, Income Growth and Government Redistribution in Malaysia: What Do We Know in the Long Run? Malaysian Journal of Economic Studies, 60 (1). pp. 69-87. ISSN 1511-4554 https://mjes.um.edu.my/index.php/MJES/article/view/44907 https://doi.org/10.22452/MJES.vol60no1.4
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 HB Economic Theory
spellingShingle HB Economic Theory
Soo, Khoon Goh
Koi, Nyen Wong
Kartinah, Ayupp
You, Wah Lai
Income Inequality, Income Growth and Government Redistribution in Malaysia: What Do We Know in the Long Run?
description : Malaysia has a good track record of reducing income inequality, especially between ethnic groups. In recent years, increasing attention has been paid to national inequality – notably by targeting the bottom 40% income group while sustaining growth with inclusivity. This paper uses the latest cointegration technique, namely, the augmented autoregressive distributed lag (A-ARDL) to examine the long-run determinants of income inequality in Malaysia. The long-run results suggest that income inequality is negatively driven by real GDP per capita and government redistribution of income. The findings provide some possible policy implications that could reduce income inequality in the long run, in particular, through the enhancement of the quality and skills of the workforce, and the government’s benevolent role by using redistributive instruments such as progressive income tax and cash transfers to low-income groups.
format Article
author Soo, Khoon Goh
Koi, Nyen Wong
Kartinah, Ayupp
You, Wah Lai
author_facet Soo, Khoon Goh
Koi, Nyen Wong
Kartinah, Ayupp
You, Wah Lai
author_sort Soo, Khoon Goh
title Income Inequality, Income Growth and Government Redistribution in Malaysia: What Do We Know in the Long Run?
title_short Income Inequality, Income Growth and Government Redistribution in Malaysia: What Do We Know in the Long Run?
title_full Income Inequality, Income Growth and Government Redistribution in Malaysia: What Do We Know in the Long Run?
title_fullStr Income Inequality, Income Growth and Government Redistribution in Malaysia: What Do We Know in the Long Run?
title_full_unstemmed Income Inequality, Income Growth and Government Redistribution in Malaysia: What Do We Know in the Long Run?
title_sort income inequality, income growth and government redistribution in malaysia: what do we know in the long run?
publishDate 2023
url http://ir.unimas.my/id/eprint/42306/1/Income%20Inequality.pdf
http://ir.unimas.my/id/eprint/42306/
https://mjes.um.edu.my/index.php/MJES/article/view/44907
https://doi.org/10.22452/MJES.vol60no1.4
_version_ 1772816311261331456
score 13.211869

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