The impact of macroeconomic variables toward agricultural productivity in Malaysia

The paper aims to investigate the impact of macroeconomic variables toward agricultural productivity in Malaysia using annually data spanning the period 1980 to 2014. Agriculture sector plays a decisive role in economic growth and development. This sector still significantly becomes the main engine...

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Main Authors: Shariff Umar Bin Shariff Abd. Kadir, Noor Zainab Tunggal
Format: Article
Language:English
English
Published: Bandar Baru Bangi, Selangor : Zes Rokman Resources 2015
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/27898/1/The%20impact%20of%20macroeconomic%20variables%20toward%20agricultural%20productivity%20in%20Malaysia%20FULL%20TEXT.pdf
https://eprints.ums.edu.my/id/eprint/27898/2/The%20impact%20of%20macroeconomic%20variables%20toward%20agricultural%20productivity%20in%20Malaysia%20ABSTRACT.pdf
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author Shariff Umar Bin Shariff Abd. Kadir
Noor Zainab Tunggal
author_facet Shariff Umar Bin Shariff Abd. Kadir
Noor Zainab Tunggal
author_sort Shariff Umar Bin Shariff Abd. Kadir
collection UMS
description The paper aims to investigate the impact of macroeconomic variables toward agricultural productivity in Malaysia using annually data spanning the period 1980 to 2014. Agriculture sector plays a decisive role in economic growth and development. This sector still significantly becomes the main engine or a contributor to gross domestic product (GDP). The specific aims of this study are to examine the short run and long run links between agricultural productivity and some key macroeconomic fundamentals in Malaysia. Through the Autoregressive-Distributed Lag (ARDL) approach, we find that there is a long- run relationship between agricultural productivity and macroeconomic variables, namely net export, inflation rate, interest rate, nominal exchange rate, government expenditure and money supply. The notable result is only nominal exchange rate shows significant impact on agricultural productivity in the long run while the other variables do not have a significant impact upon agricultural productivity in the long run. In addition, net export, government expenditure, and inflation rate seem to influence agricultural productivity in the short run.
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spelling ums.eprints-278982021-07-08T13:56:44Z https://eprints.ums.edu.my/id/eprint/27898/ The impact of macroeconomic variables toward agricultural productivity in Malaysia Shariff Umar Bin Shariff Abd. Kadir Noor Zainab Tunggal HA Statistics HB Economic theory. Demography The paper aims to investigate the impact of macroeconomic variables toward agricultural productivity in Malaysia using annually data spanning the period 1980 to 2014. Agriculture sector plays a decisive role in economic growth and development. This sector still significantly becomes the main engine or a contributor to gross domestic product (GDP). The specific aims of this study are to examine the short run and long run links between agricultural productivity and some key macroeconomic fundamentals in Malaysia. Through the Autoregressive-Distributed Lag (ARDL) approach, we find that there is a long- run relationship between agricultural productivity and macroeconomic variables, namely net export, inflation rate, interest rate, nominal exchange rate, government expenditure and money supply. The notable result is only nominal exchange rate shows significant impact on agricultural productivity in the long run while the other variables do not have a significant impact upon agricultural productivity in the long run. In addition, net export, government expenditure, and inflation rate seem to influence agricultural productivity in the short run. Bandar Baru Bangi, Selangor : Zes Rokman Resources 2015 Article PeerReviewed text en https://eprints.ums.edu.my/id/eprint/27898/1/The%20impact%20of%20macroeconomic%20variables%20toward%20agricultural%20productivity%20in%20Malaysia%20FULL%20TEXT.pdf text en https://eprints.ums.edu.my/id/eprint/27898/2/The%20impact%20of%20macroeconomic%20variables%20toward%20agricultural%20productivity%20in%20Malaysia%20ABSTRACT.pdf Shariff Umar Bin Shariff Abd. Kadir and Noor Zainab Tunggal (2015) The impact of macroeconomic variables toward agricultural productivity in Malaysia. South East Asia Journal of Contemporary Business, Economics and Law, 8. pp. 21-27. ISSN 2289-1560 http://seajbel.com/wp-content/uploads/2016/01/Econ-13.pdf
spellingShingle HA Statistics
HB Economic theory. Demography
Shariff Umar Bin Shariff Abd. Kadir
Noor Zainab Tunggal
The impact of macroeconomic variables toward agricultural productivity in Malaysia
title The impact of macroeconomic variables toward agricultural productivity in Malaysia
title_full The impact of macroeconomic variables toward agricultural productivity in Malaysia
title_fullStr The impact of macroeconomic variables toward agricultural productivity in Malaysia
title_full_unstemmed The impact of macroeconomic variables toward agricultural productivity in Malaysia
title_short The impact of macroeconomic variables toward agricultural productivity in Malaysia
title_sort impact of macroeconomic variables toward agricultural productivity in malaysia
topic HA Statistics
HB Economic theory. Demography
url https://eprints.ums.edu.my/id/eprint/27898/1/The%20impact%20of%20macroeconomic%20variables%20toward%20agricultural%20productivity%20in%20Malaysia%20FULL%20TEXT.pdf
https://eprints.ums.edu.my/id/eprint/27898/2/The%20impact%20of%20macroeconomic%20variables%20toward%20agricultural%20productivity%20in%20Malaysia%20ABSTRACT.pdf
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