Cover Image

The influence of petroleum products consumption towards economic growth in Malaysia / Nur Syuhadah Tumiran, Nurul Naim Kamarul Baharin and Siti Nursyahira Shahrom

Malaysia is one of the world’s leading petroleum producing countries. Hence, petroleum products plays a vital part in economic growth. However, due to falling prices by the failure of the oil producer, Malaysia confronting an issues that may affect the gross domestic profit. Therefore, this study aim...

Full description

Saved in:
Bibliographic Details
Main Authors: Tumiran, Nur Syuhadah, Kamarul Baharin, Nurul Naim, Shahrom, Siti Nursyahira
Format: Student Project
Language:English
Published: 2021
Subjects:
Statistical data
HC Economic History and Conditions
Negeri Sembilan
Online Access:https://ir.uitm.edu.my/id/eprint/59262/1/59262.pdf
https://ir.uitm.edu.my/id/eprint/59262/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uitm.ir.59262
record_format eprints
spelling my.uitm.ir.592622022-05-12T08:45:41Z https://ir.uitm.edu.my/id/eprint/59262/ The influence of petroleum products consumption towards economic growth in Malaysia / Nur Syuhadah Tumiran, Nurul Naim Kamarul Baharin and Siti Nursyahira Shahrom Tumiran, Nur Syuhadah Kamarul Baharin, Nurul Naim Shahrom, Siti Nursyahira Statistical data HC Economic History and Conditions Negeri Sembilan Malaysia is one of the world’s leading petroleum producing countries. Hence, petroleum products plays a vital part in economic growth. However, due to falling prices by the failure of the oil producer, Malaysia confronting an issues that may affect the gross domestic profit. Therefore, this study aims to examine the existence of co-integrated relationship between petroleum products and economic growth, also to determine the existence of causality of petroleum products consumption and economic growth in Malaysia. The study employs annual data covering the period 1980-2018. Tests for unit root, Johansen co-integration and Granger causality are presented. The overall results proved that at least five types of petroleum products co-integrated with economic growth. It is also been proved that there are unidirectional relationship between GDP and LPG, diesel and motor petrol. This means that most of petroleum products consumption have influence towards economic growth. Thus, Malaysia should endeavor more opportunities with the petroleum consumption to help the economic growth more in future. 2021 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/59262/1/59262.pdf (2021) The influence of petroleum products consumption towards economic growth in Malaysia / Nur Syuhadah Tumiran, Nurul Naim Kamarul Baharin and Siti Nursyahira Shahrom. [Student Project] (Unpublished)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Statistical data
HC Economic History and Conditions
Negeri Sembilan
spellingShingle Statistical data
HC Economic History and Conditions
Negeri Sembilan
Tumiran, Nur Syuhadah
Kamarul Baharin, Nurul Naim
Shahrom, Siti Nursyahira
The influence of petroleum products consumption towards economic growth in Malaysia / Nur Syuhadah Tumiran, Nurul Naim Kamarul Baharin and Siti Nursyahira Shahrom
description Malaysia is one of the world’s leading petroleum producing countries. Hence, petroleum products plays a vital part in economic growth. However, due to falling prices by the failure of the oil producer, Malaysia confronting an issues that may affect the gross domestic profit. Therefore, this study aims to examine the existence of co-integrated relationship between petroleum products and economic growth, also to determine the existence of causality of petroleum products consumption and economic growth in Malaysia. The study employs annual data covering the period 1980-2018. Tests for unit root, Johansen co-integration and Granger causality are presented. The overall results proved that at least five types of petroleum products co-integrated with economic growth. It is also been proved that there are unidirectional relationship between GDP and LPG, diesel and motor petrol. This means that most of petroleum products consumption have influence towards economic growth. Thus, Malaysia should endeavor more opportunities with the petroleum consumption to help the economic growth more in future.
format Student Project
author Tumiran, Nur Syuhadah
Kamarul Baharin, Nurul Naim
Shahrom, Siti Nursyahira
author_facet Tumiran, Nur Syuhadah
Kamarul Baharin, Nurul Naim
Shahrom, Siti Nursyahira
author_sort Tumiran, Nur Syuhadah
title The influence of petroleum products consumption towards economic growth in Malaysia / Nur Syuhadah Tumiran, Nurul Naim Kamarul Baharin and Siti Nursyahira Shahrom
title_short The influence of petroleum products consumption towards economic growth in Malaysia / Nur Syuhadah Tumiran, Nurul Naim Kamarul Baharin and Siti Nursyahira Shahrom
title_full The influence of petroleum products consumption towards economic growth in Malaysia / Nur Syuhadah Tumiran, Nurul Naim Kamarul Baharin and Siti Nursyahira Shahrom
title_fullStr The influence of petroleum products consumption towards economic growth in Malaysia / Nur Syuhadah Tumiran, Nurul Naim Kamarul Baharin and Siti Nursyahira Shahrom
title_full_unstemmed The influence of petroleum products consumption towards economic growth in Malaysia / Nur Syuhadah Tumiran, Nurul Naim Kamarul Baharin and Siti Nursyahira Shahrom
title_sort influence of petroleum products consumption towards economic growth in malaysia / nur syuhadah tumiran, nurul naim kamarul baharin and siti nursyahira shahrom
publishDate 2021
url https://ir.uitm.edu.my/id/eprint/59262/1/59262.pdf
https://ir.uitm.edu.my/id/eprint/59262/
_version_ 1732948389619826688
score 13.211869

Similar Items