The impact of government expenditure on economic growth in Malaysia / Shaliza Azreen Mohd Zulkifli, Nur Amira Effendi and Nor Anis Shafai

Mohd Zulkifli, Shaliza Azreen and Effendi, Nur Amira and Shafai, Nor Anis (2022) The impact of government expenditure on economic growth in Malaysia / Shaliza Azreen Mohd Zulkifli, Nur Amira Effendi and Nor Anis Shafai. Advances in Business Research International Journal (ABRIJ), 8 (1): 12. pp. 21-32. ISSN 2462-1838

Official URL: http://myjms.mohe.gov.my

Abstract

Government spending is a major component of Gross Domestic Product (GDP). The matter of overspending comes into the perspective where it might be deemed inevitable but necessary. If the government’s budget is being overspent, it may have failed to address the real element that may boost productivity. Therefore, this research is conducted to study the impact of government expenditures on the economic growth in Malaysia using independent variables like development expenditure, education, healthcare, and gross fixed capital formation from 1980 to 2020 as guidelines. Findings of this study show development expenditure is positively significant affecting Malaysia economic growth, while education, healthcare, and gross fixed capital formation are negatively significant. A long-run relationship is also detected for the model used in this study.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Mohd Zulkifli, Shaliza Azreen
shaliza@uitm.edu.my
Effendi, Nur Amira
amira_effendi@yahoo.com.my
Shafai, Nor Anis
anis448@uitm.edu.my
Subjects: H Social Sciences > HJ Public Finance > Expenditures. Government spending
Divisions: Universiti Teknologi MARA, Shah Alam > Faculty of Business and Management
Journal or Publication Title: Advances in Business Research International Journal (ABRIJ)
UiTM Journal Collections: UiTM Journal > Advances in Business Research International Journal (ABRIJ)
ISSN: 2462-1838
Volume: 8
Number: 1
Page Range: pp. 21-32
Keywords: Government Expenditure, Economic Growth, Education
Date: May 2022
URI: https://ir.uitm.edu.my/id/eprint/49486
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49486

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