This study examines how much of the variance in economic growth can be explained by various categories of domestic and foreign savings in Malaysia. The bounds testing approach to cointegration and the generalised forecast error variance decomposition technique was used to achieve the objective...

The purpose of this study is to reinvestigate the relationship between defence expenditure and economic growth in Malaysia, over the period from 1960 to 2006. The bounds testing procedure is used to examine the long-run equilibrium relationship between defence expenditure and economic growth....

The main purpose of this study is to empirically investigate the stability of causal relationship between government expenditure and economic growth in the light of Wagner’s law and Keynesian hypotheses, in Malaysia. The results of the recursive regression-based causality tests indicate that...