Economic ripple effect: The effect of public transfer payment policy in Malaysia

Amirullah, Muhammad Adli and Estrada, Mario Arturo Ruiz and Gulam Hassan, Mohamed Aslam (2022) Economic ripple effect: The effect of public transfer payment policy in Malaysia. Journal of Interdisciplinary Economics, 34 (2). pp. 177-192. ISSN 0260-1079, DOI https://doi.org/10.1177/0260107921989918.

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Abstract

This article models the interconnection between the public transfer payment policy in Malaysia and the overall Malaysian economy using an inter-linkage coordinate space. This space is represented graphically, with the public transfer payment distribution in the centre and the number of periods plotted along rays (axes) that are drawn from the centre, each of which can have as many windows as required at the predetermined perimeter levels. Using this model, this article evaluates whether and how the implementation of public transfer payment policy in Malaysia can simultaneously affect the overall Malaysian economy through selected macroeconomic indicators. Finally, this article proposes the use of computer graphical animation when sufficient data are available to provide a more accurate measurement and visual representation of the economic ripple effect in the same graphical space. JEL: C00, E60, H53. © 2022 Sage Publications India Pvt. Ltd.

Item Type: Article
Funders: None
Uncontrolled Keywords: Malaysia; Accuracy assessment; Computer simulation; Economic analysis; Financial policy; Financial system; Graphical method; Macroeconomics; Measurement method; Model test; Policy implementation
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Economics & Administration
Depositing User: Ms. Juhaida Abd Rahim
Date Deposited: 24 Oct 2023 06:13
Last Modified: 24 Oct 2023 06:13
URI: http://eprints.um.edu.my/id/eprint/43539

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