Tax-and-spend or spend-and-tax? Empirical evidence from malaysia
The 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...
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| Format: | Article |
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2023
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| Institution: | Universiti Tenaga Nasional |