Testing nonlinear convergence in Malaysia
The purpose of the present paper is to examine income convergence in Malaysia by using the nonlinear unit root test due to Kapetanios et al. (KSS, 2003) and extended by Chong et al. (CHLL, 2008) to permit the test of long-run convergence and catching-up hypotheses. We apply the KSS-CHLL nonlinear un...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Kebangsaan Malaysia
2013
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| Online Access: | http://psasir.upm.edu.my/id/eprint/30838/1/30338.pdf |
| _version_ | 1825947786537861120 |
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| author | Habibullah, Muzafar Shah Awang Marikan, Dayang Afizzah Liew, Venus Khim Sen Lim, Kian Ping |
| author_facet | Habibullah, Muzafar Shah Awang Marikan, Dayang Afizzah Liew, Venus Khim Sen Lim, Kian Ping |
| author_sort | Habibullah, Muzafar Shah |
| collection | UPM |
| description | The purpose of the present paper is to examine income convergence in Malaysia by using the nonlinear unit root test due to Kapetanios et al. (KSS, 2003) and extended by Chong et al. (CHLL, 2008) to permit the test of long-run convergence and catching-up hypotheses. We apply the KSS-CHLL nonlinear unit root for the test of nonlinear convergence between thirteen states with respect to Wilayah Persekutuan (the riches state) of Malaysia for the period 1965 to 2003. Generally, our results suggest that out of the thirteen states, only Kedah, Negeri Sembilan, Perak, Perlis and Selangor support the long-run convergence hypothesis while Johor, Kelantan, Melaka, Pahang and Penang suggest catching-up. Lastly, Sabah, Sarawak and Terengganu indicate income divergence from Wilayah Persekutuan. |
| first_indexed | 2024-03-06T08:18:46Z |
| format | Article |
| id | upm.eprints-30838 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T08:18:46Z |
| publishDate | 2013 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| record_format | dspace |
| spelling | upm.eprints-308382016-01-21T00:27:26Z http://psasir.upm.edu.my/id/eprint/30838/ Testing nonlinear convergence in Malaysia Habibullah, Muzafar Shah Awang Marikan, Dayang Afizzah Liew, Venus Khim Sen Lim, Kian Ping The purpose of the present paper is to examine income convergence in Malaysia by using the nonlinear unit root test due to Kapetanios et al. (KSS, 2003) and extended by Chong et al. (CHLL, 2008) to permit the test of long-run convergence and catching-up hypotheses. We apply the KSS-CHLL nonlinear unit root for the test of nonlinear convergence between thirteen states with respect to Wilayah Persekutuan (the riches state) of Malaysia for the period 1965 to 2003. Generally, our results suggest that out of the thirteen states, only Kedah, Negeri Sembilan, Perak, Perlis and Selangor support the long-run convergence hypothesis while Johor, Kelantan, Melaka, Pahang and Penang suggest catching-up. Lastly, Sabah, Sarawak and Terengganu indicate income divergence from Wilayah Persekutuan. Penerbit Universiti Kebangsaan Malaysia 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/30838/1/30338.pdf Habibullah, Muzafar Shah and Awang Marikan, Dayang Afizzah and Liew, Venus Khim Sen and Lim, Kian Ping (2013) Testing nonlinear convergence in Malaysia. Jurnal Ekonomi Malaysia, 47 (1). pp. 155-162. ISSN 0126-1962 http://www.ukm.my/fep/jem/content/2013.html |
| spellingShingle | Habibullah, Muzafar Shah Awang Marikan, Dayang Afizzah Liew, Venus Khim Sen Lim, Kian Ping Testing nonlinear convergence in Malaysia |
| title | Testing nonlinear convergence in Malaysia
|
| title_full | Testing nonlinear convergence in Malaysia
|
| title_fullStr | Testing nonlinear convergence in Malaysia
|
| title_full_unstemmed | Testing nonlinear convergence in Malaysia
|
| title_short | Testing nonlinear convergence in Malaysia
|
| title_sort | testing nonlinear convergence in malaysia |
| url | http://psasir.upm.edu.my/id/eprint/30838/1/30338.pdf |
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