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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Format: | Article |
Language: | English English |
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Bandar Baru Bangi, Selangor : Zes Rokman Resources
2015
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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. |
first_indexed | 2024-03-06T03:08:10Z |
format | Article |
id | ums.eprints-27898 |
institution | Universiti Malaysia Sabah |
language | English English |
last_indexed | 2024-03-06T03:08:10Z |
publishDate | 2015 |
publisher | Bandar Baru Bangi, Selangor : Zes Rokman Resources |
record_format | dspace |
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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