Relationship between determinants of economic development and economic growth in Malaysia / Nurul Syahira Zawawi

• Main Author: Zawawi, Nurul Syahira
• Format: Student Project
• Language: English
• Published: Bachelor of Science (Hons.) Statistics 2013
• Subjects: Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product; Industrial productivity; Economic development. Development economics. Economic growth; Money and prices. Inflation. Deflation. Purchasing power
• Online Access: http://ir.uitm.edu.my/id/eprint/39146/1/39146.pdf; http://ir.uitm.edu.my/id/eprint/39146/

This study is undertaken to examine the relationship between inflation, industrial production, unemployment and economic growth by using time series data on Malaysia for 19 year on quarterly basis. The objective of this study is to identify whether this factors affect economic growth in Malaysia. All the data used is in quarterly basis ranged from the year 1994 to year 2012. The method used is Multiple Linear Regression Analysis in order to determine the relationship between the three variables. Thus, the findings indicate that unemployment and industrial production is the variables associated with economic growth in Malaysia. Meanwhile, inflation had no significant relationship with economic growth in Malaysia. These finding suggest that the government should take into account that unemployment and industrial production had given impact in determining the economic growth in Malaysia and do take necessary actions in order to have stable economy