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Globalization and Economic Growth: Empirical Evidence from Malaysia

The globalization process will bring benefits to Malaysia such as it can increase citizens standard of living, lower costs for products and services, access to new markets, and international recruiting. This study is important to indicate which categories of globalization contribute the most to the...

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Main Author: Shoon, Fu Ming
Format: Final Year Project Report
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2022
Subjects:
H Social Sciences (General)
HB Economic Theory
Online Access:http://ir.unimas.my/id/eprint/39885/1/Shoon%20Fu%20Ming%20ft.pdf
http://ir.unimas.my/id/eprint/39885/
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spelling my.unimas.ir.398852024-07-31T04:18:58Z http://ir.unimas.my/id/eprint/39885/ Globalization and Economic Growth: Empirical Evidence from Malaysia Shoon, Fu Ming H Social Sciences (General) HB Economic Theory The globalization process will bring benefits to Malaysia such as it can increase citizens standard of living, lower costs for products and services, access to new markets, and international recruiting. This study is important to indicate which categories of globalization contribute the most to the economic growth of Malaysia. Furthermore, the study aims to examine the relationship between economic globalization, social globalization, political globalization, and economic growth in Malaysia. The data period that used for this study is annual data from year 1970 to year 2018. The dependent variable of used in this study is economic growth while the independent variable are economic globalization, social globalization, and political globalization. The result of the study had shown the presence of the long run relationship among the variables and social globalization has a unidirectional short run relationship toward political economic. All the variables are significant in this study. The findings indicate a positive relationship between economic globalization and social globalization toward economic growth in Malaysia while political globalization has a negative relationship toward economic growth in Malaysia. Therefore, Malaysia government need to implement and introduce a new policy to enhance economic and social globalization and decreasing the effect of political economic to contribute more towards economic growth. Universiti Malaysia Sarawak, (UNIMAS) 2022 Final Year Project Report NonPeerReviewed text en http://ir.unimas.my/id/eprint/39885/1/Shoon%20Fu%20Ming%20ft.pdf Shoon, Fu Ming (2022) Globalization and Economic Growth: Empirical Evidence from Malaysia. [Final Year Project Report] (Unpublished)
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic H Social Sciences (General)
HB Economic Theory
spellingShingle H Social Sciences (General)
HB Economic Theory
Shoon, Fu Ming
Globalization and Economic Growth: Empirical Evidence from Malaysia
description The globalization process will bring benefits to Malaysia such as it can increase citizens standard of living, lower costs for products and services, access to new markets, and international recruiting. This study is important to indicate which categories of globalization contribute the most to the economic growth of Malaysia. Furthermore, the study aims to examine the relationship between economic globalization, social globalization, political globalization, and economic growth in Malaysia. The data period that used for this study is annual data from year 1970 to year 2018. The dependent variable of used in this study is economic growth while the independent variable are economic globalization, social globalization, and political globalization. The result of the study had shown the presence of the long run relationship among the variables and social globalization has a unidirectional short run relationship toward political economic. All the variables are significant in this study. The findings indicate a positive relationship between economic globalization and social globalization toward economic growth in Malaysia while political globalization has a negative relationship toward economic growth in Malaysia. Therefore, Malaysia government need to implement and introduce a new policy to enhance economic and social globalization and decreasing the effect of political economic to contribute more towards economic growth.
format Final Year Project Report
author Shoon, Fu Ming
author_facet Shoon, Fu Ming
author_sort Shoon, Fu Ming
title Globalization and Economic Growth: Empirical Evidence from Malaysia
title_short Globalization and Economic Growth: Empirical Evidence from Malaysia
title_full Globalization and Economic Growth: Empirical Evidence from Malaysia
title_fullStr Globalization and Economic Growth: Empirical Evidence from Malaysia
title_full_unstemmed Globalization and Economic Growth: Empirical Evidence from Malaysia
title_sort globalization and economic growth: empirical evidence from malaysia
publisher Universiti Malaysia Sarawak, (UNIMAS)
publishDate 2022
url http://ir.unimas.my/id/eprint/39885/1/Shoon%20Fu%20Ming%20ft.pdf
http://ir.unimas.my/id/eprint/39885/
_version_ 1806456034674343936
score 13.211869

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