Lau, Wee-Yeap; Yip, Tien-Ming - In: Journal of Southeast Asian economies 36 (2019) 1, pp. 25-36
This study provides new evidence on the nexus between fiscal deficits and economic growth among ASEAN countries in the pre- and post-Global Financial Crisis (GFC) periods. Using annual data from 2001 to 2015, three results stand out. First, fiscal deficits are found to be growth-deteriorating in...
