Effects of Government Expenditure on the Poverty Level: A Nonlinear ARDL Approach

نویسندگان

چکیده

The argument on the behaviour of government expenditure toward reducing poverty level is still controversial among economists and policymakers. This study investigates role development in alleviating Malaysia. employs a nonlinear autoregressive distributed lag (NARDL) model from 1970 to 2019 using annual time series data. bounds test NARDL specification suggests presence cointegration variables, namely level, expenditure, gross domestic product per capita, inflation rate, physical capital human capital. empirical findings demonstrate that an increase insignificant determinant poverty, but reductions significantly eradicate long run. For robustness checks, share used estimation. show all has little no impact lowering levels over short runs. Malaysian should therefore consider how crucial it allocate public funds effectively make sure emphasis spreading gains across economic sectors must have influence level.

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ژورنال

عنوان ژورنال: Malaysian journal of economic studies

سال: 2023

ISSN: ['1511-4554']

DOI: https://doi.org/10.22452/mjes.vol60no1.3