Jurnal Ekonomi Malaysia
47 (1) 2013 13 – 30
Pusat Pengajian Ekonomi
Fakulti Ekonomi dan Pengurusan
Universiti Kebangsaan Malaysia
43600, UKM, Bangi, Selangor D.E.
MALAYSIA
Pusat Pengajian Ekonomi
Fakulti Ekonomi dan Pengurusan
Universiti Kebangsaan Malaysia
43600, UKM, Bangi, Selangor D.E.
MALAYSIA
Pusat Pengajian Ekonomi
Fakulti Ekonomi dan Pengurusan
Universiti Kebangsaan Malaysia
43600, UKM, Bangi, Selangor D.E.
MALAYSIA
Pusat Pengajian Ekonomi
Fakulti Ekonomi dan Pengurusan
Universiti Kebangsaan Malaysia
43600, UKM, Bangi, Selangor D.E.
MALAYSIA
Abstract
This study aims to evaluate the contribution of petroleum-based tax and nontax on federal government spending (public spending). A time series econometric approach namely an autoregressive distributed lag (ARDL) is used to study the impact of oil revenues on public spending. The findings revealed that petroleum income tax, PETRONAS’s dividend and non-petroleum revenue tax are positively and statistically significance in influencing public spending in the long-run.This findings signal that the federal government needs to further strengthen their tax base revenue, in particular non- natural-resource-based tax in reducing the dependency of public financing through the public debt.
Keywords
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Bibliography
@article{asri2013impak,
title={Impak Hasil Berasaskan Petroleum Terhadap Perbelanjaan Awam di Malaysia},
author={Mod Asri, Norain and Abdul Karim, Zulkefly and Md.Tahir, Md.Zyadi and endut, wook},
journal={Jurnal Ekonomi Malaysia},
volume={47},
number={1},
pages={13—30},
}
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