Effects of fluctuation oil price towards consumer / Siti Aishah Mohd Nordin
Purpose – Fluctuations of oil price and petroleum products have had different effects on great economic variables. The aim of this paper is to investigate the effect of oil price fluctuation on the consumer’s income level, cost of goods and services and consumer inflation in Malaysia. Design/method...
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my.uitm.ir.409872021-01-25T05:10:09Z http://ir.uitm.edu.my/id/eprint/40987/ Effects of fluctuation oil price towards consumer / Siti Aishah Mohd Nordin Mohd Nordin, Siti Aishah Price Consumption. Demand (Economic theory) Petroleum industry and trade Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling Purpose – Fluctuations of oil price and petroleum products have had different effects on great economic variables. The aim of this paper is to investigate the effect of oil price fluctuation on the consumer’s income level, cost of goods and services and consumer inflation in Malaysia. Design/methodology/approach – The effects of oil volatility and fluctuation give good and bad impacts to consumer. Use exploratory design in order to answer all why and what questions for this study. All data had been run into SPSS software and data was used during the period 1990-2009. Besides that, oil price from Ron97 are used as a sample because it ore fluctuate and depends on global market price. Findings – While research results support previous studies about the relationship between the consumer’s income levels, cost of goods and services and consumer inflation. There are significant relationship between consumer’s income level, cost of goods and services and oil price. Therefore, the relationship between consumer inflation and oil price is insignificant. Research limitations/implications – The paper has considered oil price fluctuation on all industries in Malaysia. There a have complication during getting all the data because there are low accuracy of the figure. Besides that, this study will give good implications to other researcher as a reference. Originality/value – So far, several studies have been conducted in different countries regarding the subject of the study. 2011 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/40987/1/40987.pdf Mohd Nordin, Siti Aishah (2011) Effects of fluctuation oil price towards consumer / Siti Aishah Mohd Nordin. [Student Project] (Unpublished) |
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Price Consumption. Demand (Economic theory) Petroleum industry and trade Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling |
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Price Consumption. Demand (Economic theory) Petroleum industry and trade Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling Mohd Nordin, Siti Aishah Effects of fluctuation oil price towards consumer / Siti Aishah Mohd Nordin |
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Purpose – Fluctuations of oil price and petroleum products have had different effects on great economic variables. The aim of this paper is to investigate the effect of oil price fluctuation on the consumer’s income level, cost of goods and services and consumer inflation in Malaysia.
Design/methodology/approach – The effects of oil volatility and fluctuation give good and bad impacts to consumer. Use exploratory design in order to answer all why and what questions for this study. All data had been run into SPSS software and data was used during the period 1990-2009. Besides that, oil price from Ron97 are used as a sample because it ore fluctuate and depends on global market price.
Findings – While research results support previous studies about the relationship between the consumer’s income levels, cost of goods and services and consumer inflation. There are significant relationship between consumer’s income level, cost of goods and services and oil price. Therefore, the relationship between consumer inflation and oil price is insignificant.
Research limitations/implications – The paper has considered oil price fluctuation on all industries in Malaysia. There a have complication during getting all the data because there are low accuracy of the figure. Besides that, this study will give good implications to other researcher as a reference.
Originality/value – So far, several studies have been conducted in different countries regarding the subject of the study. |
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Mohd Nordin, Siti Aishah |
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Mohd Nordin, Siti Aishah |
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Mohd Nordin, Siti Aishah |
title |
Effects of fluctuation oil price towards consumer / Siti Aishah Mohd Nordin |
title_short |
Effects of fluctuation oil price towards consumer / Siti Aishah Mohd Nordin |
title_full |
Effects of fluctuation oil price towards consumer / Siti Aishah Mohd Nordin |
title_fullStr |
Effects of fluctuation oil price towards consumer / Siti Aishah Mohd Nordin |
title_full_unstemmed |
Effects of fluctuation oil price towards consumer / Siti Aishah Mohd Nordin |
title_sort |
effects of fluctuation oil price towards consumer / siti aishah mohd nordin |
publishDate |
2011 |
url |
http://ir.uitm.edu.my/id/eprint/40987/1/40987.pdf http://ir.uitm.edu.my/id/eprint/40987/ |
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1690374301308420096 |
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13.160551 |