Economic Ripple Effect: The Effect of Public Transfer Payment Policy in Malaysia

Muhammad Adli Amirullah, Mario Ruiz Estrada and Mohamed Aslam

Journal of Interdisciplinary Economics, 2022, vol. 34, issue 2, 177-192

Abstract: This article models the interconnection between the public transfer payment policy in Malaysia and the overall Malaysian economy using an inter-linkage coordinate space. This space is represented graphically, with the public transfer payment distribution in the centre and the number of periods plotted along rays (axes) that are drawn from the centre, each of which can have as many windows as required at the predetermined perimeter levels. Using this model, this article evaluates whether and how the implementation of public transfer payment policy in Malaysia can simultaneously affect the overall Malaysian economy through selected macroeconomic indicators. Finally, this article proposes the use of computer graphical animation when sufficient data are available to provide a more accurate measurement and visual representation of the economic ripple effect in the same graphical space. JEL: C00, E60, H53

Keywords: Public transfer payment; Malaysia; multidimensional graph; econographicology (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jinter:v:34:y:2022:i:2:p:177-192

DOI: 10.1177/0260107921989918

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