Estimation of Malaysia Public Debt Threshold
The objective of this study is to examine the implication of the public debt on the economic growth of Malaysia from the perspective of different public debt levels threshold. Threshold Regression method is utilized to identify the public debt threshold from 1991:Q1-2014:Q4 and examine the hetero...
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2016
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my.usm.eprints.53681 http://eprints.usm.my/53681/ Estimation of Malaysia Public Debt Threshold Kueh, Jerome Liew, Venus Khim-Sen Yong, Sze-Wei Abdullah, Muhammad Asraf H1-99 Social sciences (General) The objective of this study is to examine the implication of the public debt on the economic growth of Malaysia from the perspective of different public debt levels threshold. Threshold Regression method is utilized to identify the public debt threshold from 1991:Q1-2014:Q4 and examine the heterogeneous impacts of the public debt on growth based on certain threshold levels. Empirical results indicate that there is a positive association between the public debt and economic growth when the public debt is below 41% of GDP threshold level. Furthermore, there is a marginal positive impact when the public debt level falls between 41%-53% of GDP threshold levels. However, there is a harmful impact on growth when public debt is above 53% of GDP threshold level. As a result, managing the public debt position and the quality of the debt are important to ensure sustainable economic growth. Universiti Sains Malaysia Ee, Shiang Lim Chee, Hong Law Hooi, Hooi Lean 2016 Book Section PeerReviewed application/pdf en http://eprints.usm.my/53681/1/pages%20from%2017%20-%2023%20iccei2016-proceedings.pdf Kueh, Jerome and Liew, Venus Khim-Sen and Yong, Sze-Wei and Abdullah, Muhammad Asraf (2016) Estimation of Malaysia Public Debt Threshold. In: Proceedings of Second International Conference on Contemporary Economic Issues. Universiti Sains Malaysia, Bali, Indonesia, pp. 17-23. ISBN 978-967-11473-6-8 |
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H1-99 Social sciences (General) Kueh, Jerome Liew, Venus Khim-Sen Yong, Sze-Wei Abdullah, Muhammad Asraf Estimation of Malaysia Public Debt Threshold |
description |
The objective of this study is to examine the implication of the public debt on the economic
growth of Malaysia from the perspective of different public debt levels threshold. Threshold
Regression method is utilized to identify the public debt threshold from 1991:Q1-2014:Q4
and examine the heterogeneous impacts of the public debt on growth based on certain
threshold levels. Empirical results indicate that there is a positive association between the
public debt and economic growth when the public debt is below 41% of GDP threshold level.
Furthermore, there is a marginal positive impact when the public debt level falls between
41%-53% of GDP threshold levels. However, there is a harmful impact on growth when
public debt is above 53% of GDP threshold level. As a result, managing the public debt
position and the quality of the debt are important to ensure sustainable economic growth. |
author2 |
Ee, Shiang Lim |
author_facet |
Ee, Shiang Lim Kueh, Jerome Liew, Venus Khim-Sen Yong, Sze-Wei Abdullah, Muhammad Asraf |
format |
Book Section |
author |
Kueh, Jerome Liew, Venus Khim-Sen Yong, Sze-Wei Abdullah, Muhammad Asraf |
author_sort |
Kueh, Jerome |
title |
Estimation of Malaysia Public Debt Threshold |
title_short |
Estimation of Malaysia Public Debt Threshold |
title_full |
Estimation of Malaysia Public Debt Threshold |
title_fullStr |
Estimation of Malaysia Public Debt Threshold |
title_full_unstemmed |
Estimation of Malaysia Public Debt Threshold |
title_sort |
estimation of malaysia public debt threshold |
publisher |
Universiti Sains Malaysia |
publishDate |
2016 |
url |
http://eprints.usm.my/53681/1/pages%20from%2017%20-%2023%20iccei2016-proceedings.pdf http://eprints.usm.my/53681/ |
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