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Government Expenditure And National Income: Causality Tests For Five South East Asian Countries

Year: 2011

Type: article

Abstract: This study aims to determine the direction of causality between national income and government expenditures for Indonesia, Malaysia, Philippines, Singapore, and Thailand. Granger causality tests are used to investigate the causal links between the two variables. Times series data covering last four decades are used. Support for the hypothesis that causality runs from government expenditures to national income has been found only in the case of Philippines. There is no evidence for this hypothesis and its reverse for the other countries.

Source: International Business & Economics Research Journal (IBER)

DOI: 10.19030/iber.v5i10.3516

Authors: Ergun Dogan, Tuck Cheong Tang

Institution: Monash University

Language: English

Topic: Fiscal Policy and Economic Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Peace, justice, and strong institutions

Open Access status: bronze

OpenAlex ID: W2174443904

FWCI: 15.43

Cites: 26

Cited by: 75

Related to: 10