Factors affecting cocoa exportation in Malaysia
This study is to analyze the factors that impact cocoa exportation in Malaysia by using the annual data from 1990 to 2018. The tests which are included in this analysis are the Augmented Dickey-Fuller (ADF) unit root test, Philip Perron (PP) unit root test, and Autoregressive Distributed Lag (...
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Main Author: | |
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Format: | Final Year Project Report |
Language: | English |
Published: |
Universiti Malaysia Sarawak, (UNIMAS)
2019
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Subjects: | |
Online Access: | http://ir.unimas.my/id/eprint/46681/1/Felicia%20Marcus%20ft.pdf http://ir.unimas.my/id/eprint/46681/ |
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Summary: | This study is to analyze the factors that impact cocoa exportation in Malaysia by
using the annual data from 1990 to 2018. The tests which are included in this
analysis are the Augmented Dickey-Fuller (ADF) unit root test, Philip Perron (PP)
unit root test, and Autoregressive Distributed Lag (ARDL) model. The bounds tests
showed that the ARDL model has a long-run co integration among the variables in
this analysis. Besides that, the ARDL model produces an accurate result as all the
estimated coefficient of the independent variables which are world price o f cocoa
beans, exchange rate, grinding of cocoa beans, and local production of cocoa beans
are statistically significant with the expected sign. |
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