Tax revenue and economic growth: an empirical analysis of Malaysia / Saidatul Akmah Md Akbal

This study examines the relationship between tax revenue and the economic growth in Malaysia. The study focused on the relationship of direct tax revenue, indirect tax revenue and non-tax revenue towards growth domestic product per capita in Malaysia. For the testing of hypothesis, the study consists on annual data from 1970 until 2012. The result shows all the variables were statistically significant with each other. Also, it can be concluded that direct tax revenue, indirect tax revenue and non-tax revenue (independent variable) contribute to the economic growth in Malaysia (dependent variable) with the major contribution by indirect tax.