Factor that influences gross domestic product in Malaysia / Tengku Abdul Samad Tengku Hilmi Suleman

• Main Author: Tengku Hilmi Suleman, Tengku Abdul Samad
• Format: Thesis
• Language: English
• Published: 2022
• Subjects: Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
• Online Access: https://ir.uitm.edu.my/id/eprint/96287/2/96287.pdf; https://ir.uitm.edu.my/id/eprint/96287/

Growth of the Gross Domestic Product (GDP) ha always been considered as a contemporary subject that many scholars have looked at Inconsistent GDP per capita growth within a country will results in a larger incidence of poverty, as well as stymie advances in health, education, crime, and ultimately economic growth. The elements that contribute to GDP growth are somewhat essential in preventing socio-political instability. In Malaysia, the link between GDP growth and factors such as inflation, foreign direct investment (FDI), and female labour force participation is investigated in this research. The analysis is based on annual time series data from 1991 to 2020, descriptive analysis, correlation analysis, and regression analysis are used in this research. The findings show that FDI and female labour force participation have a beneficial influence on GDP growth. However, FDI is the only factor that has a major impact on Malaysia's GDP growth. Furthermore, while inflation is adversely connected with GDP growth, it is not a substantial component in Malaysia's GDP growth. Furthermore, the levels of GDP, inflation, FDI, and female labour force are shown to be stable. According to the findings, the Malaysian government may reduce inflationary pressure by increasing taxes and cutting government spending while preserving inflationary pressure by increasing taxes and cutting government spending while preserving inflationary stability. Identify answers to existing economic challenges as well.