An Input-output Analysis of Sources of Growth and Key Sectors in Malaysia
The paper examines the sources of growth and key sectors of Malaysia’s economy over 1978-2000 using a decomposition method and Rasmussen degree of dispersion within the input-output (IO) framework. The model uses three comparable IO tables for 1978, 1991 and 2000 as the main data sources and account...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English |
| Published: |
2008
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| Online Access: | http://psasir.upm.edu.my/id/eprint/7530/1/An%20Input.pdf |
| _version_ | 1796967345426530304 |
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| author | Kamaruddin, Rohana Abdul Rashid, Zakariah Jusoff, Kamaruzaman |
| author_facet | Kamaruddin, Rohana Abdul Rashid, Zakariah Jusoff, Kamaruzaman |
| author_sort | Kamaruddin, Rohana |
| collection | UPM |
| description | The paper examines the sources of growth and key sectors of Malaysia’s economy over 1978-2000 using a decomposition method and Rasmussen degree of dispersion within the input-output (IO) framework. The model uses three comparable IO tables for 1978, 1991 and 2000 as the main data sources and accounts for output changes from a demand side perspective. The chosen structural decomposition analysis (SDA) based on the comparison between two IO tables, allows us to decompose each sector’s and industry’s output growth. It decomposes output growth of each sector to domestic demand expansion, export demand expansion, import substitution of final goods, import substitution of intermediate goods, and changes in IO coefficients. The analysis by sub periods, 1978-1991 and 1991-2000 show that there was a switch in the role of domestic-demand and export-demand expansion. The constituent factors that contribute positively to change in the period, 1978-1991 are mostly domestic demand expansion (63.35%) and export demand expansion (33.33%). However in the second sub period, 1991-2000, export demand expansion increased by 12.43% and domestic demand expansion decreased to 48.11%. Taking the whole 1978-2000, domestic demand expansion appears to have been the major source of output growth, contributing about 82%, followed by export demand expansion 62%. Combining the source of growth and key sector through backward linkages, the study revealed that most of the sectors induced its supplying production strongly for domestic market. |
| first_indexed | 2024-03-06T07:12:30Z |
| format | Article |
| id | upm.eprints-7530 |
| institution | Universiti Putra Malaysia |
| language | English English |
| last_indexed | 2024-03-06T07:12:30Z |
| publishDate | 2008 |
| record_format | dspace |
| spelling | upm.eprints-75302015-09-28T08:00:38Z http://psasir.upm.edu.my/id/eprint/7530/ An Input-output Analysis of Sources of Growth and Key Sectors in Malaysia Kamaruddin, Rohana Abdul Rashid, Zakariah Jusoff, Kamaruzaman The paper examines the sources of growth and key sectors of Malaysia’s economy over 1978-2000 using a decomposition method and Rasmussen degree of dispersion within the input-output (IO) framework. The model uses three comparable IO tables for 1978, 1991 and 2000 as the main data sources and accounts for output changes from a demand side perspective. The chosen structural decomposition analysis (SDA) based on the comparison between two IO tables, allows us to decompose each sector’s and industry’s output growth. It decomposes output growth of each sector to domestic demand expansion, export demand expansion, import substitution of final goods, import substitution of intermediate goods, and changes in IO coefficients. The analysis by sub periods, 1978-1991 and 1991-2000 show that there was a switch in the role of domestic-demand and export-demand expansion. The constituent factors that contribute positively to change in the period, 1978-1991 are mostly domestic demand expansion (63.35%) and export demand expansion (33.33%). However in the second sub period, 1991-2000, export demand expansion increased by 12.43% and domestic demand expansion decreased to 48.11%. Taking the whole 1978-2000, domestic demand expansion appears to have been the major source of output growth, contributing about 82%, followed by export demand expansion 62%. Combining the source of growth and key sector through backward linkages, the study revealed that most of the sectors induced its supplying production strongly for domestic market. 2008 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/7530/1/An%20Input.pdf Kamaruddin, Rohana and Abdul Rashid, Zakariah and Jusoff, Kamaruzaman (2008) An Input-output Analysis of Sources of Growth and Key Sectors in Malaysia. Modern Applied Science, 2 (3). pp. 94-109. ISSN 1913-1844 http://www.ccsenet.org/journal/index.php/mas/article/viewFile/2584 English |
| spellingShingle | Kamaruddin, Rohana Abdul Rashid, Zakariah Jusoff, Kamaruzaman An Input-output Analysis of Sources of Growth and Key Sectors in Malaysia |
| title | An Input-output Analysis of Sources of Growth and Key Sectors in Malaysia |
| title_full | An Input-output Analysis of Sources of Growth and Key Sectors in Malaysia |
| title_fullStr | An Input-output Analysis of Sources of Growth and Key Sectors in Malaysia |
| title_full_unstemmed | An Input-output Analysis of Sources of Growth and Key Sectors in Malaysia |
| title_short | An Input-output Analysis of Sources of Growth and Key Sectors in Malaysia |
| title_sort | input output analysis of sources of growth and key sectors in malaysia |
| url | http://psasir.upm.edu.my/id/eprint/7530/1/An%20Input.pdf |
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