EN
Empirical Analysis on the Factors Affecting Economic Sustainable Development Path in Malaysia: An Autoregressive Distributed Lag Cointegration Approach
Abstract
Through its latest economic model, Malaysia has outlined ‘sustainability’ as the key element to achieve the Vision 2020 – to become a high-income nation by year 2020. This study analyzed the possible factors affecting sustainable development path in Malaysia using the Adjusted Net Savings (ANS) indicator; as projected by World Bank from 1990s. We firstly conducted the ‘Structural break-unit root tests’ to assume stationarity of series with the possible presence of economic shocks during the period of 1972 to 2011. For model estimation, we applied the ARDL technique to find the cointegration between money supply (LFIN), nonrenewable natural resource (fuels, ores and metals) exports (LNR), trade openness (LTRD) and urban population (LURB) with ANS values (LANS). In the short-run, LFIN and LTRD have significant negative impact on LANS while in long run, LNR and LURB tend to have significant negative impact on economic sustainability in Malaysia.
Keywords
Ayrıntılar
Birincil Dil
İngilizce
Konular
-
Bölüm
-
Yayımlanma Tarihi
1 Ağustos 2016
Gönderilme Tarihi
1 Ağustos 2016
Kabul Tarihi
-
Yayımlandığı Sayı
Yıl 2016 Cilt: 6 Sayı: 6
APA
Pardi, F., & Nawi, A. S. (2016). Empirical Analysis on the Factors Affecting Economic Sustainable Development Path in Malaysia: An Autoregressive Distributed Lag Cointegration Approach. International Journal of Economics and Financial Issues, 6(6), 67-70. https://izlik.org/JA53YZ86ZX
AMA
1.Pardi F, Nawi AS. Empirical Analysis on the Factors Affecting Economic Sustainable Development Path in Malaysia: An Autoregressive Distributed Lag Cointegration Approach. IJEFI. 2016;6(6):67-70. https://izlik.org/JA53YZ86ZX
Chicago
Pardi, Faridah, ve Abdol Samad Nawi. 2016. “Empirical Analysis on the Factors Affecting Economic Sustainable Development Path in Malaysia: An Autoregressive Distributed Lag Cointegration Approach”. International Journal of Economics and Financial Issues 6 (6): 67-70. https://izlik.org/JA53YZ86ZX.
EndNote
Pardi F, Nawi AS (01 Ağustos 2016) Empirical Analysis on the Factors Affecting Economic Sustainable Development Path in Malaysia: An Autoregressive Distributed Lag Cointegration Approach. International Journal of Economics and Financial Issues 6 6 67–70.
IEEE
[1]F. Pardi ve A. S. Nawi, “Empirical Analysis on the Factors Affecting Economic Sustainable Development Path in Malaysia: An Autoregressive Distributed Lag Cointegration Approach”, IJEFI, c. 6, sy 6, ss. 67–70, Ağu. 2016, [çevrimiçi]. Erişim adresi: https://izlik.org/JA53YZ86ZX
ISNAD
Pardi, Faridah - Nawi, Abdol Samad. “Empirical Analysis on the Factors Affecting Economic Sustainable Development Path in Malaysia: An Autoregressive Distributed Lag Cointegration Approach”. International Journal of Economics and Financial Issues 6/6 (01 Ağustos 2016): 67-70. https://izlik.org/JA53YZ86ZX.
JAMA
1.Pardi F, Nawi AS. Empirical Analysis on the Factors Affecting Economic Sustainable Development Path in Malaysia: An Autoregressive Distributed Lag Cointegration Approach. IJEFI. 2016;6:67–70.
MLA
Pardi, Faridah, ve Abdol Samad Nawi. “Empirical Analysis on the Factors Affecting Economic Sustainable Development Path in Malaysia: An Autoregressive Distributed Lag Cointegration Approach”. International Journal of Economics and Financial Issues, c. 6, sy 6, Ağustos 2016, ss. 67-70, https://izlik.org/JA53YZ86ZX.
Vancouver
1.Faridah Pardi, Abdol Samad Nawi. Empirical Analysis on the Factors Affecting Economic Sustainable Development Path in Malaysia: An Autoregressive Distributed Lag Cointegration Approach. IJEFI [Internet]. 01 Ağustos 2016;6(6):67-70. Erişim adresi: https://izlik.org/JA53YZ86ZX