Flood disaster and GDP growth in Malaysia
This paper seeks to examine the impact of flood disaster on GDP growth in Malaysia for the period of 1960 to 2013 by applying the Autoregressive Distributed Lag (ARDL) bounds testing approach to cointegration and the error correction model (ECM) for short run relationship.ADF, PP and KPSS unit root...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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2016
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| Online Access: | https://repo.uum.edu.my/id/eprint/18240/1/EJBSS%204%2010%202016%2027-40.pdf |
| _version_ | 1825804006231900160 |
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| author | Meor Shaari, Mai Syaheera Abd Karim, Mohd Zaini Hasan Basri, Bakti |
| author_facet | Meor Shaari, Mai Syaheera Abd Karim, Mohd Zaini Hasan Basri, Bakti |
| author_sort | Meor Shaari, Mai Syaheera |
| collection | UUM |
| description | This paper seeks to examine the impact of flood disaster on GDP growth in Malaysia for the period of 1960 to 2013 by applying the Autoregressive Distributed Lag (ARDL) bounds testing approach to cointegration and the error correction model (ECM) for short run relationship.ADF, PP and KPSS unit root test examines the stationarity of the series. The results show that the series are cointegrated.The findings suggest that all four flood variables significantly affecting GDP growth in both long run and short run.The results of the study have important implications for the GDP growth in both long run and short run.First, the government should have a proper flood mitigation plan so as to avoid the negative impact of
flood on GDP growth in the long run.Second, prepare sufficient stockpiles of basic necessities in a safe place to avoid shortages and temporary setback in the short run. |
| first_indexed | 2024-07-04T06:07:21Z |
| format | Article |
| id | uum-18240 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:07:21Z |
| publishDate | 2016 |
| record_format | eprints |
| spelling | uum-182402016-06-27T01:19:28Z https://repo.uum.edu.my/id/eprint/18240/ Flood disaster and GDP growth in Malaysia Meor Shaari, Mai Syaheera Abd Karim, Mohd Zaini Hasan Basri, Bakti HC Economic History and Conditions This paper seeks to examine the impact of flood disaster on GDP growth in Malaysia for the period of 1960 to 2013 by applying the Autoregressive Distributed Lag (ARDL) bounds testing approach to cointegration and the error correction model (ECM) for short run relationship.ADF, PP and KPSS unit root test examines the stationarity of the series. The results show that the series are cointegrated.The findings suggest that all four flood variables significantly affecting GDP growth in both long run and short run.The results of the study have important implications for the GDP growth in both long run and short run.First, the government should have a proper flood mitigation plan so as to avoid the negative impact of flood on GDP growth in the long run.Second, prepare sufficient stockpiles of basic necessities in a safe place to avoid shortages and temporary setback in the short run. 2016-01 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/18240/1/EJBSS%204%2010%202016%2027-40.pdf Meor Shaari, Mai Syaheera and Abd Karim, Mohd Zaini and Hasan Basri, Bakti (2016) Flood disaster and GDP growth in Malaysia. European Journal of Business and Social Sciences, 4 (10). pp. 27-40. ISSN 2235 -767X http://www.ejbss.com/Data/Sites/1/vol4no10january2016/ejbss-1675-16-flooddisasterandgdpgrowthinmalaysia.pdf |
| spellingShingle | HC Economic History and Conditions Meor Shaari, Mai Syaheera Abd Karim, Mohd Zaini Hasan Basri, Bakti Flood disaster and GDP growth in Malaysia |
| title | Flood disaster and GDP growth in Malaysia |
| title_full | Flood disaster and GDP growth in Malaysia |
| title_fullStr | Flood disaster and GDP growth in Malaysia |
| title_full_unstemmed | Flood disaster and GDP growth in Malaysia |
| title_short | Flood disaster and GDP growth in Malaysia |
| title_sort | flood disaster and gdp growth in malaysia |
| topic | HC Economic History and Conditions |
| url | https://repo.uum.edu.my/id/eprint/18240/1/EJBSS%204%2010%202016%2027-40.pdf |
| work_keys_str_mv | AT meorshaarimaisyaheera flooddisasterandgdpgrowthinmalaysia AT abdkarimmohdzaini flooddisasterandgdpgrowthinmalaysia AT hasanbasribakti flooddisasterandgdpgrowthinmalaysia |