The Effect of Fiscal Policy on Economic Growth in Asean-5 Countries

The Effect of Fiscal Policy on Economic Growth in Asean-5 Countries

This thesis study the panel data to investigate the problem of fiscal deficit at five ASEAN countries namely Indonesia, Malaysia, Philippines, Thailand and Vietnam. Beside that, this analysis used the fiscal variable and country characteristics as the variable in this model based on GDP per capita....

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Main Author: Ainul Latifah, Mohd Yunus
Format: Thesis
Language:eng
Published: 2011
Subjects:
HJ Public Finance
Online Access:https://etd.uum.edu.my/3684/1/s804396.pdf
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id my-uum-etd.3684
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
advisor Abdullah, Hussin
topic HJ Public Finance
spellingShingle HJ Public Finance
Ainul Latifah, Mohd Yunus
The Effect of Fiscal Policy on Economic Growth in Asean-5 Countries
description This thesis study the panel data to investigate the problem of fiscal deficit at five ASEAN countries namely Indonesia, Malaysia, Philippines, Thailand and Vietnam. Beside that, this analysis used the fiscal variable and country characteristics as the variable in this model based on GDP per capita. The variables in fiscal variable consist of total tax revenue (TTR), non tax (NT), productive expenditure (PE), total expenditure (TE), and budget deficit (BD). While for country characteristics the variable are population growth (PG), investment (I), government debt (GD) and external debt (ED). This thesis examines the standard method test for panel unit root test there is Maddala and Wu (1999). After that this thesis applies the cointegration method based on panel cointegration test by Pedroni (1999). A fully modified OLS (FMOLS) test is used to estimate the long run relationship in fiscal deficit at ASEAN-5 countries. As a result, we find out that all the variables are significant between them. This thesis recommends that policymakers should concern all of the significant variables since they give impact on fiscal deficit.
format Thesis
qualification_name masters
qualification_level Master's degree
author Ainul Latifah, Mohd Yunus
author_facet Ainul Latifah, Mohd Yunus
author_sort Ainul Latifah, Mohd Yunus
title The Effect of Fiscal Policy on Economic Growth in Asean-5 Countries
title_short The Effect of Fiscal Policy on Economic Growth in Asean-5 Countries
title_full The Effect of Fiscal Policy on Economic Growth in Asean-5 Countries
title_fullStr The Effect of Fiscal Policy on Economic Growth in Asean-5 Countries
title_full_unstemmed The Effect of Fiscal Policy on Economic Growth in Asean-5 Countries
title_sort effect of fiscal policy on economic growth in asean-5 countries
granting_institution Universiti Utara Malaysia
granting_department College of Arts and Sciences (CAS)
publishDate 2011
url https://etd.uum.edu.my/3684/1/s804396.pdf
_version_ 1747827625532850176
spelling my-uum-etd.36842022-04-11T01:10:08Z The Effect of Fiscal Policy on Economic Growth in Asean-5 Countries 2011 Ainul Latifah, Mohd Yunus Abdullah, Hussin College of Arts and Sciences (CAS) College of Arts and Sciences HJ Public Finance This thesis study the panel data to investigate the problem of fiscal deficit at five ASEAN countries namely Indonesia, Malaysia, Philippines, Thailand and Vietnam. Beside that, this analysis used the fiscal variable and country characteristics as the variable in this model based on GDP per capita. The variables in fiscal variable consist of total tax revenue (TTR), non tax (NT), productive expenditure (PE), total expenditure (TE), and budget deficit (BD). While for country characteristics the variable are population growth (PG), investment (I), government debt (GD) and external debt (ED). This thesis examines the standard method test for panel unit root test there is Maddala and Wu (1999). After that this thesis applies the cointegration method based on panel cointegration test by Pedroni (1999). A fully modified OLS (FMOLS) test is used to estimate the long run relationship in fiscal deficit at ASEAN-5 countries. As a result, we find out that all the variables are significant between them. This thesis recommends that policymakers should concern all of the significant variables since they give impact on fiscal deficit. 2011 Thesis https://etd.uum.edu.my/3684/ https://etd.uum.edu.my/3684/1/s804396.pdf text eng public masters masters Universiti Utara Malaysia Adam, S. C. & Bevan, L. D. (2001). Fiscal deficits and growth in developing countries. University Of Oxford. Adam, S. C. & Bevan, L. D. (2005). Fiscal deficits and growth in developing countries. Journal of Public Economics, 89, 571-597. Agrawal, P. (2000). Savings, investment and growth in South Asia. Indira Gandhi Institute of Development Research. Alesina, A. & Tabellini, G.(1990). 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