Impact of Government Expenditure, Exchange Rate and Unemployment Rate on Economic Growth of Malaysia
The objective of the study is to investigate the association between government expenditure, exchange rate and unemployment rate on economic growth of Malaysia from 1988 to 2017. All variables in the model are cointegrated with two cointegrating vectors and implies that long-run relat...
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| Format: | Article |
| Language: | en |
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Universal Publishers - Boca Raton, Florida, USA
2021
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| Online Access: | http://ir.unimas.my/id/eprint/35430/1/IMPACT%20OF%20GOVERNMENT%20EXPENDITURE.pdf http://ir.unimas.my/id/eprint/35430/ http://www.gbmrjournal.com/pdf/v13n2/V13N2-2.pdf |
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| _version_ | 1831811836835528704 |
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| author | Tiong Ing, Ngiik Jerome, Kueh Josephine, Yau Tan Hwang Audrey, Liwan |
| author_facet | Tiong Ing, Ngiik Jerome, Kueh Josephine, Yau Tan Hwang Audrey, Liwan |
| author_sort | Tiong Ing, Ngiik |
| building | Centre for Academic Information Services (CAIS) |
| collection | Institutional Repository |
| content_provider | Universiti Malaysia Sarawak |
| content_source | UNIMAS Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | The objective of the study is to investigate the association between government expenditure, exchange rate and unemployment rate on economic growth of Malaysia from 1988 to 2017. All variables in the model are cointegrated with two cointegrating vectors and implies that long-run relationship exist. Granger Causality based on Vector Error Correction Model (VECM) revealed an unidirectional short run causality from government expenditure to economic growth, economic growth to unemployment, unemployment to exchange rate and unemployment to government expenditure. Policies such as fiscal policy and exchange rate policy need to be implemented by policy makers in Malaysia to ensure empowering economic growth. |
| format | Article |
| id | my.unimas.ir-35430 |
| institution | Universiti Malaysia Sarawak |
| language | en |
| publishDate | 2021 |
| publisher | Universal Publishers - Boca Raton, Florida, USA |
| record_format | eprints |
| spelling | my.unimas.ir-354302021-06-03T08:03:31Z http://ir.unimas.my/id/eprint/35430/ Impact of Government Expenditure, Exchange Rate and Unemployment Rate on Economic Growth of Malaysia Tiong Ing, Ngiik Jerome, Kueh Josephine, Yau Tan Hwang Audrey, Liwan HB Economic Theory The objective of the study is to investigate the association between government expenditure, exchange rate and unemployment rate on economic growth of Malaysia from 1988 to 2017. All variables in the model are cointegrated with two cointegrating vectors and implies that long-run relationship exist. Granger Causality based on Vector Error Correction Model (VECM) revealed an unidirectional short run causality from government expenditure to economic growth, economic growth to unemployment, unemployment to exchange rate and unemployment to government expenditure. Policies such as fiscal policy and exchange rate policy need to be implemented by policy makers in Malaysia to ensure empowering economic growth. Universal Publishers - Boca Raton, Florida, USA 2021 Article PeerReviewed text en http://ir.unimas.my/id/eprint/35430/1/IMPACT%20OF%20GOVERNMENT%20EXPENDITURE.pdf Tiong Ing, Ngiik and Jerome, Kueh and Josephine, Yau Tan Hwang and Audrey, Liwan (2021) Impact of Government Expenditure, Exchange Rate and Unemployment Rate on Economic Growth of Malaysia. Global Business and Management Research: An International Journal, 13 (2). pp. 14-27. ISSN 1947-5667 http://www.gbmrjournal.com/pdf/v13n2/V13N2-2.pdf |
| spellingShingle | HB Economic Theory Tiong Ing, Ngiik Jerome, Kueh Josephine, Yau Tan Hwang Audrey, Liwan Impact of Government Expenditure, Exchange Rate and Unemployment Rate on Economic Growth of Malaysia |
| title | Impact of Government Expenditure, Exchange Rate and Unemployment Rate on Economic Growth of Malaysia |
| title_full | Impact of Government Expenditure, Exchange Rate and Unemployment Rate on Economic Growth of Malaysia |
| title_fullStr | Impact of Government Expenditure, Exchange Rate and Unemployment Rate on Economic Growth of Malaysia |
| title_full_unstemmed | Impact of Government Expenditure, Exchange Rate and Unemployment Rate on Economic Growth of Malaysia |
| title_short | Impact of Government Expenditure, Exchange Rate and Unemployment Rate on Economic Growth of Malaysia |
| title_sort | impact of government expenditure, exchange rate and unemployment rate on economic growth of malaysia |
| topic | HB Economic Theory |
| url | http://ir.unimas.my/id/eprint/35430/1/IMPACT%20OF%20GOVERNMENT%20EXPENDITURE.pdf http://ir.unimas.my/id/eprint/35430/ http://www.gbmrjournal.com/pdf/v13n2/V13N2-2.pdf |
| url_provider | http://ir.unimas.my/ |