Testing budget sustainability in Malaysia
This study examines the sustainability of Malaysian budget deficit for the period of 1970-2011. The study adopts government intertemporal budget constraint as framework and tests the long-run cointegration relationship between government revenue and government expenditure. Johansen cointegration tes...
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| Main Author: | |
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| Format: | Thesis |
| Language: | English |
| Published: |
2013
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/3021/3/Testing%20budget%20sustainability%20in%20Malaysia%20%28fulltext%29.pdf |
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| Summary: | This study examines the sustainability of Malaysian budget deficit for the period of 1970-2011. The study adopts government intertemporal budget constraint as framework and tests the long-run cointegration relationship between government revenue and government expenditure. Johansen cointegration test and Granger causality test have been applied for analysis purpose. |
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