Public Debt and Economic Growth in Malaysia

Siew-Peng Lee and Yan-Ling Ng

Asian Economic and Financial Review, 2015, vol. 5, issue 1, 119-126

Abstract: Public debt in the Malaysia increased because of fiscal expansions. This study examines whether public debt contributed to the economic growth in Malaysia over the period 1991 to 2013. It also examines whether other indicators of debt burden, such as budget deficit, budget expenditure, and external debt service and government consumption, have an impact on economic growth. The results of this study are consistent with the existing literature that found a negative association between diet and growth. The results indicate that public debt over time has a negative impact on GDP. In addition, it is found that the budget deficit, government consumption and external debt service are a decreasing function of GDP.

Keywords: Public debt; Economic growth; Budget deficit; GDP. (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
https://archive.aessweb.com/index.php/5002/article/view/1325/1880 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:asi:aeafrj:v:5:y:2015:i:1:p:119-126:id:1325

Access Statistics for this article

More articles in Asian Economic and Financial Review from Asian Economic and Social Society
Bibliographic data for series maintained by Robert Allen ().