[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/mth/ijssr8/v3y2015i2p1-19.html
   My bibliography  Save this article

The Impact of Domestic Public Debt on Financial Development in Malaysia

Author

Listed:
  • Mok Wei Mun
  • Normaz Wana Ismail
Abstract
When the government heavily borrows domestically from the banking sector to finance its expenditures, there is possibility that public debt will lead to a crowding out effect on private investment since bank credit is a primary funding source for the private sector. This study examines the linkages between domestic public debt and financial development in Malaysia for the period of 1980 to 2010. Our analysis suggests that domestic public debt from banks has a negative relationship with financial development. Meanwhile, the crowding out effect is evident during the occurrence of financial crises.

Suggested Citation

  • Mok Wei Mun & Normaz Wana Ismail, 2015. "The Impact of Domestic Public Debt on Financial Development in Malaysia," International Journal of Social Science Research, Macrothink Institute, vol. 3(2), pages 1-19, September.
    • Handle: RePEc:mth:ijssr8:v:3:y:2015:i:2:p:1-19
    as

    Download full text from publisher

    File URL: http://www.macrothink.org/journal/index.php/ijssr/article/view/7167/6135
    Download Restriction: no
    File URL: http://www.macrothink.org/journal/index.php/ijssr/article/view/7167
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Qamar ABBAS & Muhammad RAMZAN & Sumbal FATIMA, 2022. "Financial development and public debt. Estimating the role of institutional quality," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(632), A), pages 5-26, Autumn.
    2. Liew Chung-Yee & Normaz Wana Ismail & Tan Ai-Lian, 2020. "Is Public Debt Asymmetrically Link to Financial Development in Malaysia?," Asian Journal of Empirical Research, Asian Economic and Social Society, vol. 10(3), pages 97-110, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mth:ijssr8:v:3:y:2015:i:2:p:1-19. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Technical Support Office (email available below). General contact details of provider: http://www.macrothink.org/journal/index.php/ijssr .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.