Publication:
Tax-and-spend or spend-and-tax? Empirical evidence from malaysia

dc.citedby7
dc.contributor.authorHong T.J.en_US
dc.contributor.authorid35188954800en_US
dc.date.accessioned2023-12-29T07:51:05Z
dc.date.available2023-12-29T07:51:05Z
dc.date.issued2009
dc.description.abstractThe paper investigates the causal relationships between government spending and revenue for Malaysia. The study uses annual data, a Johansen cointegration test and an error-correction model. A preliminary test shows that government revenue and expenditure are cointegrated. Empirical results support the spend-and-tax hypothesis. Furthermore, they underscore the fact that fiscal policy may not be effective enough to curb the rising budget deficits over the long term and may even reduce private saving and investment. Extensive expenditure reforms through fiscal synchronisation are suggested.en_US
dc.description.natureFinalen_US
dc.identifier.epage115
dc.identifier.issue1
dc.identifier.scopus2-s2.0-70749144117
dc.identifier.spage107
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-70749144117&partnerID=40&md5=ef417f4327588d30834786d4f3375e55
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/30668
dc.identifier.volume5
dc.pagecount8
dc.sourceScopus
dc.sourcetitleAsian Academy of Management Journal of Accounting and Finance
dc.subjectCointegration
dc.subjectError-correction model
dc.subjectFiscal policy
dc.subjectGovernment spending and revenue
dc.titleTax-and-spend or spend-and-tax? Empirical evidence from malaysiaen_US
dc.typeArticleen_US
dspace.entity.typePublication
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