ISSN: 2222-6990
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The objective of this study is to analyze the impact of budget deficit and other factors on GDP in Malaysia. The data used in this study are yearly series data from 1987-2016. This study also uses Statistical Packages for the Social Sciences (SPSS) software for data analysis purposes. For the purpose of establishing a budgeting model, this study uses Ordinary Least Square (OLS). The findings suggest that there is a significant and positive relationship between all the variables used, namely budget deficit, investment, national saving, real effective exchange rate and real interest rate with gross domestic product (GDP). Therefore, based on the findings, this study hope the result can be imply into a policy to help the government to improve economic growth in Malaysia in the future. Thus, Malaysia will be able to achieve the status of a developed country and more efficiently by the year 2020.
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In-Text Citation: (Hashim, Ramli, Jalil & Hashim, 2019)
To Cite this Article: Hashim, A., Ramli, N. R., Jalil, N. A., & Hashim, E. (2019). Analyzing the direct and indirect impact of budget deficit and other factors on GDP in Malaysia. International Journal of Academic Research in Business and Social Sciences, 9(11), 1025–1040.
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