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: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaaan Malaysia
2021
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| Online Access: | 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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| Summary: | 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. |
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