Labour market reactions to lockdown measures during the Covid-19 pandemic in Malaysia: an empirical note

In this empirical note, we examine the relationship between the loss of employment and lockdown measures undertaken by the Malaysian government during the Covid-19 pandemic outbreak over the period from 25 January 2020 to 10 September 2020. By using cointegration analysis, our results suggest th...

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Main Authors: Muzafar Shah Habibullah,, Mohd Yusof Saari,, Badariah Haji Din,, Safuan, Sugiharso, Chakrin Utit,
格式: Article
語言:English
出版: Penerbit Universiti Kebangsaaan Malaysia 2021
在線閱讀:http://journalarticle.ukm.my/17270/1/jeko_55%281%29-3.pdf
http://journalarticle.ukm.my/17270/
https://www.ukm.my/fep/jem/content/2021-1.html
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總結:In this empirical note, we examine the relationship between the loss of employment and lockdown measures undertaken by the Malaysian government during the Covid-19 pandemic outbreak over the period from 25 January 2020 to 10 September 2020. By using cointegration analysis, our results suggest that there are both long-run and short-run relationships between loss of employment and lockdown measures in Malaysia. Lockdown measures show positive impact on the number of workers who lost their jobs during the pandemic. The loss of employment increases by 0.35% to 1.1% for every 1% increase in the lockdown measures.