Public spending efficiency and economic growth: the moderating roles of value-added tax and country governance

This study examines the impact of government spending efficiency on the economic growth of 115 countries with value-added tax (VAT) system. We seek to examine the moderating role of the VAT system and country governance in the relationship between public spending efficiency and the economic growth o...

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Main Authors:	Chan, Sok Gee, Ramly, Zulkufly
Format:	Conference or Workshop Item
Language:	English English
Published:	2015
Subjects:	HJ2240 Revenue. Taxation HJ7451 Expenditures. Government spending
Online Access:	http://irep.iium.edu.my/48040/ http://irep.iium.edu.my/48040/ http://irep.iium.edu.my/48040/1/Public_Spending_Efficiency_and_Economic_Growth.pdf http://irep.iium.edu.my/48040/2/EABM2015.pdf

id	iium-48040
recordtype	eprints
spelling	iium-480402016-09-20T06:37:34Z http://irep.iium.edu.my/48040/ Public spending efficiency and economic growth: the moderating roles of value-added tax and country governance Chan, Sok Gee Ramly, Zulkufly HJ2240 Revenue. Taxation HJ7451 Expenditures. Government spending This study examines the impact of government spending efficiency on the economic growth of 115 countries with value-added tax (VAT) system. We seek to examine the moderating role of the VAT system and country governance in the relationship between public spending efficiency and the economic growth of a nation. The sample covers the period between 1984 and 2014. Using GMM estimation based on two-step estimate, we found (1) government spending efficiency enhances economic growth, (2) an efficient as well as transparent tax administration and higher tax revenue generated from the VAT system enhances the effect of an efficient government spending on the economic growth of a country and (3) the moderating role of the VAT system is further enhanced by the quality of democracy and legislative strength of the government. 2015 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/48040/1/Public_Spending_Efficiency_and_Economic_Growth.pdf application/pdf en http://irep.iium.edu.my/48040/2/EABM2015.pdf Chan, Sok Gee and Ramly, Zulkufly (2015) Public spending efficiency and economic growth: the moderating roles of value-added tax and country governance. In: The International Conference on Economics, Accounting and Business Management (EABM 2015), 21st Nov. 2015, Hotal Bangi Putrajaya. (Unpublished) http://www.eabm2015.com/
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HJ2240 Revenue. Taxation HJ7451 Expenditures. Government spending
spellingShingle	HJ2240 Revenue. Taxation HJ7451 Expenditures. Government spending Chan, Sok Gee Ramly, Zulkufly Public spending efficiency and economic growth: the moderating roles of value-added tax and country governance
description	This study examines the impact of government spending efficiency on the economic growth of 115 countries with value-added tax (VAT) system. We seek to examine the moderating role of the VAT system and country governance in the relationship between public spending efficiency and the economic growth of a nation. The sample covers the period between 1984 and 2014. Using GMM estimation based on two-step estimate, we found (1) government spending efficiency enhances economic growth, (2) an efficient as well as transparent tax administration and higher tax revenue generated from the VAT system enhances the effect of an efficient government spending on the economic growth of a country and (3) the moderating role of the VAT system is further enhanced by the quality of democracy and legislative strength of the government.
format	Conference or Workshop Item
author	Chan, Sok Gee Ramly, Zulkufly
author_facet	Chan, Sok Gee Ramly, Zulkufly
author_sort	Chan, Sok Gee
title	Public spending efficiency and economic growth: the moderating roles of value-added tax and country governance
title_short	Public spending efficiency and economic growth: the moderating roles of value-added tax and country governance
title_full	Public spending efficiency and economic growth: the moderating roles of value-added tax and country governance
title_fullStr	Public spending efficiency and economic growth: the moderating roles of value-added tax and country governance
title_full_unstemmed	Public spending efficiency and economic growth: the moderating roles of value-added tax and country governance
title_sort	public spending efficiency and economic growth: the moderating roles of value-added tax and country governance
publishDate	2015
url	http://irep.iium.edu.my/48040/ http://irep.iium.edu.my/48040/ http://irep.iium.edu.my/48040/1/Public_Spending_Efficiency_and_Economic_Growth.pdf http://irep.iium.edu.my/48040/2/EABM2015.pdf
first_indexed	2023-09-18T21:08:16Z
last_indexed	2023-09-18T21:08:16Z
_version_	1777411079380402176

Public spending efficiency and economic growth: the moderating roles of value-added tax and country governance

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