Are there any turning points for external debt in Malaysia? Case of adaptive neuro-fuzzy inference systems model

This paper intends to investigate whether the turning points exist between tax revenue, gross domestic product, government expenditure, and gross domestic saving towards Malaysia’s total external debt. The researcher implements the adaptive neuro-fuzzy inference system model to forecast the total ex...

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Bibliographic Details
Published in:Journal of Economic Structures
Main Author: Karia A.A.B.
Format: Article
Language:English
Published: Springer Science and Business Media Deutschland GmbH 2021
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85106906961&doi=10.1186%2fs40008-021-00236-6&partnerID=40&md5=949084c7c26eaf6ce0827141c46ee186
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Summary:This paper intends to investigate whether the turning points exist between tax revenue, gross domestic product, government expenditure, and gross domestic saving towards Malaysia’s total external debt. The researcher implements the adaptive neuro-fuzzy inference system model to forecast the total external debt in Malaysia. The total external debt prediction then projects the three-dimensional surface diagrams to depict whether the turning points exist among the variables. This study’s empirical finding reveals that the turning points are noticeable between the tax revenue, gross domestic product, and gross domestic saving toward external debt in Malaysia. However, government expenditure depicts a direct relationship with external debt. This finding demonstrates that the anomaly between the theories and scholarly activities. This study also recommends that the tax revenue be collected at maximum holding the government expenditure and gross domestic product are maximum statistics to reduce Malaysia’s external debt. © 2021, The Author(s).
ISSN:21932409
DOI:10.1186/s40008-021-00236-6