1,721,004 research outputs found
Penentu makroekonomi kadar jenayah di Malaysia
No full textKadar jenayah kian meningkat akan mengancam pertumbuhan ekonomi sesebuah negara. Oleh itu, tujuan kajian ini adalah untuk mengkaji faktor-faktor makroekonomi yang mempengaruhi kadar jenayah di Malaysia. Kajian ini meliputi data siri masa tahunan 1970 hingga 2013. Untuk mencapai objektif kajian ini, kami menggunakan kaedah kointegrasi batasan dan ujian sebab-penyebab Granger. Kajian ini mendapati bahawa kadar pengangguran, pelancongan, tahap kemiskinan dan keselamatan mempengaruhi kadar jenayah di Malaysia, terutamanya dalam jangka panjang. Akan tetapi, kadar inflasi tidak signifikan mempengaruhi kadar jenayah di Malaysia. Tambahan pula, kajian ini juga mendapati bahawa pelancongan merupakan satu pembolehubah yang dinamik kerana perkembangan sektor pelancongan bukan sahaja dapat mengurangkan kadar jenayah, bahkan perkembangan sektor ini juga mampu mengurangkan kadar pengangguran serta membasmi kemiskinan. Selari dengan program transformasi ekonomi, pembangunan sektor pelancongan perlu diberi penekanan oleh penggubal dasar
Do savings matter for economic growth? A meta-analysis
No full textIn existing studies on causal relationships between savings and economic
growth, the direction of causality remains unclear. This study surveyed empirical literature
on the causal relationship between savings and economic growth from 1992 to 2014.
A meta-analysis was performed on 214 sets of results extracted from 48 independent
research articles published from 1992 to 2014 to examine the major factors for confl icting
causality outcomes. These results were combined for analysis using a logistic regression
model. The results revealed that model specifi cation, the level of fi nancial development,
and the level of foreign capital infl ows aff ect the savings-led growth (SLG) outcomes, while
income level does not aff ect the outcomes. The Asian fi nancial crisis was found to have
reduced the likelihood of SLG
Does educational tourism significantly influence economic growth? Evidence from a macro-econometric modelling
No full textThis study augmented the IS-LM macroeconomics model to investigate the relevance of educational tourism to economic growth in Malaysia. We utilise the vector autoregressive model with exogenous variables to examine the dynamic impact of educational tourism, interest rate, and money on economic growth over the period from 1996:Q1 to 2015:Q4. The results indicate that both money supply and educational tourism have a positive effect on economic growth, while the effect of real interest rate on economic growth is negative. The impulse response and variance decomposition also suggest that educational tourism is relevant and has a positive long-term influence on economic growth
Does causality technique matter to savings-growth nexus in Malaysia?
No full textThe intention of this study was to investigate whether the causal inference between savings and economic growth in Malaysia is sensitive to the particular causality tests employed to ascertain the causal relationship. This study covered quarterly data from 1991:Q1 to 2006:Q3. The results suggested that the causal relationship between savings and economic growth in Malaysia is not sensitive to the particular causality test used. Thus, causality test plays no role in explaining the inconsistency causality result of savings and economic growth. Ultimately, causality test does not matter to savings-growth nexus for Malaysia
The Money-prices Nexus for Malaysia: New Empirical Evidence from the Time-varying Cointegration and Causality Tests
No full textElectricity consumption, income, foreign direct investment, and population in Malaysia: New evidence from multivariate framework analysis
No full textPurpose – This study attempts to re-investigate the electricity consumption function for Malaysia through the cointegration and causality analyses over the period 1970 to 2005. Design/methodology/approach – The study employed the bounds-testing procedure for cointegration to examine the potential long-run relationship, while an autoregressive distributed lag model is used to derive the short- and long-run coefficients. The Granger causality test is applied to determine the causality direction between electricity consumption and its determinants. Findings – New evidence is found in this study: first, electricity consumption, income, foreign direct investment, and population in Malaysia are cointegrated. Second, the influx of foreign direct investment and population growth are positively related to electricity consumption in Malaysia and the Granger causality evidence indicates that electricity consumption, income, and foreign direct investment are of bilateral causality. Originality/value – The estimated multivariate electricity consumption function for Malaysia implies that Malaysia is an energy-dependent country; thus energy-saving policies may have an inverse effect on current and also future economic development in Malaysia.Electricity industry, Energy consumption, International investments, Malaysia
An Examination of the Government Spending and Economic Growth Nexus for Malaysia Using the Leveraged Bootstrap Simulation Approach
No full textThe main objective of this study is to re-examine the government spending-growth nexus for Malaysia from the perspective of disaggregated government spending. The yearly data from 1960 to 2007 is used in this study. This study applied the bounds testing for co-integration and the leveraged bootstrap simulation approaches to examine the relationship between three different categories of government spending and national income in Malaysia. It is found that government spending on education and defence are co-integrated with national income. Nevertheless, there is no evidence of co-integrating relation between government spending on health and national income. The MWALD causality test shows strong evidence of unidirectional causal relationship running from national income to the three major government spending in Malaysia. However, bilateral causality evident exists only between government spending on health and national income.Government spending, growth, MWALD, leveraged bootstrap,
How Stable is the Savings-led Growth Hypothesis in Malaysia? The Bootstrap Simulation and Recursive Causality Tests
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