Phoong, S.Y. and Phoong, S.W. (2017) Modelling the economic cycle between GDP and government spending on technological innovation. Pertanika Journal of Social Sciences and Humanities, 25 (Nov). pp. 45-52. ISSN 0128-7702,
Full text not available from this repository.Abstract
Gross Domestic Product (GDP) is a key indicator of a country’s economic growth and its well-being. Technological innovation on the other hand is an important driver of growth for productivity and revenue. This paper examines the relationship between GDP per capita and government spending on technology innovation in Malaysia. on in Malaysia. It employs Augmented Dickey-Fuller (ADF) test, Vector Autoregression (VAR) model and variance decomposition to measure the estimation models. The results point to a strong positive relationship between GDP per capita and the expenditure on technology innovation. Furthermore, GDP has a large impact on Malaysia’s government spending on technology innovation.
| Item Type: | Article |
|---|---|
| Funders: | UNSPECIFIED |
| Uncontrolled Keywords: | Augmented dickey-fuller test; Gross domestic product; Technology innovation; Variance decomposition; Vector autoregression mode |
| Subjects: | H Social Sciences > HF Commerce > Business Q Science > QA Mathematics |
| Divisions: | Faculty of Business and Economics |
| Depositing User: | Ms. Juhaida Abd Rahim |
| Date Deposited: | 31 Jul 2018 02:02 |
| Last Modified: | 31 Jul 2018 02:02 |
| URI: | http://eprints.um.edu.my/id/eprint/18943 |
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