Factors that influence economic growth in Malaysia / Nabilah Huda Mohd Zainal Abidin
Economic growth is an increase in the capacity of an economy to produce goods and services, compared from one period of time to another. Traditionally, aggregate economic growth is measured in terms of gross domestic product (GDP). Economic growth is usually brought about by technological innovation...
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| Format: | Student Project |
| Language: | English |
| Published: |
2017
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| Online Access: | http://ir.uitm.edu.my/id/eprint/43569/1/43569.pdf http://ir.uitm.edu.my/id/eprint/43569/ |
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| Summary: | Economic growth is an increase in the capacity of an economy to produce goods and services, compared from one period of time to another. Traditionally, aggregate economic growth is measured in terms of gross domestic product (GDP). Economic growth is usually brought about by technological innovation and positive external forces. Malaysia's economic growth is likely to slow and the depreciation of the Ringgit getting worse nowadays. Poor economic growth will influence the performance of the business entity and individual life in Malaysia. This paper aims to explore the relationship between foreign domestic investment (FDI), export, inflation, population, labor force, and economic growth in case of Malaysia. The factors are indicating that level affects economic growth. This study uses multiple regression models and using time series data. The data collected from the World Bank Data Bank and the data from the years 1980 to 2015 annually for empirical analysis. The results indicate that the positive significant relationship between foreign domestic investment (FDI), export, inflation, and economic growth in Malaysia. However, the negative significant relationship between interactive variables (population and labor force) and economic growth indicates that the effect of
Malaysia. |
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