Investigating source change of economic development in Malaysia: Total input cost approach

The paper examines compositional structure changes in the Malaysian economy, over 1980-2015, when nine plans were implemented and five I-O tables were published by Department of Statistics Malaysia. Input side is utilised to evaluate changes in economic efficiency. The study focuses on changes in ec...

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Main Authors: Bekhet H.A., Yasmin T.
Other Authors: 37100908800
Format: Article
Published: Inderscience Publishers 2023
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spelling my.uniten.dspace-234142023-05-29T14:40:17Z Investigating source change of economic development in Malaysia: Total input cost approach Bekhet H.A. Yasmin T. 37100908800 56406291900 The paper examines compositional structure changes in the Malaysian economy, over 1980-2015, when nine plans were implemented and five I-O tables were published by Department of Statistics Malaysia. Input side is utilised to evaluate changes in economic efficiency. The study focuses on changes in economic structure with different levels of development over time. As results indicate, the source of economic development in the Malaysian economy is final demand for 1983-1987, 1991-2000, 2000-2005 and 2005-2010 periods and for the whole period of the study. A rise in efficiency over time for the 1983-1987, 1987-1991 and 1991-2000 periods was revealed. Furthermore, the efficiency degree between the above sub periods increased over time but remains weak over the study period. There is also vital change in value added structure in recent years. The economy has not moved fast enough forward, and is not geared by the type of exports that sustains a dynamic industrial development. Overall, there is need of implementation of various effective policies regarding R&D, innovation and human capital to meet future challenges. � 2017 Inderscience Enterprises Ltd. Final 2023-05-29T06:40:17Z 2023-05-29T06:40:17Z 2017 Article 10.1504/IJEBR.2017.086707 2-s2.0-85030127031 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85030127031&doi=10.1504%2fIJEBR.2017.086707&partnerID=40&md5=b2bd81dad374bd4b9c2f5d34f1983c26 https://irepository.uniten.edu.my/handle/123456789/23414 14 2 214 236 Inderscience Publishers Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
description The paper examines compositional structure changes in the Malaysian economy, over 1980-2015, when nine plans were implemented and five I-O tables were published by Department of Statistics Malaysia. Input side is utilised to evaluate changes in economic efficiency. The study focuses on changes in economic structure with different levels of development over time. As results indicate, the source of economic development in the Malaysian economy is final demand for 1983-1987, 1991-2000, 2000-2005 and 2005-2010 periods and for the whole period of the study. A rise in efficiency over time for the 1983-1987, 1987-1991 and 1991-2000 periods was revealed. Furthermore, the efficiency degree between the above sub periods increased over time but remains weak over the study period. There is also vital change in value added structure in recent years. The economy has not moved fast enough forward, and is not geared by the type of exports that sustains a dynamic industrial development. Overall, there is need of implementation of various effective policies regarding R&D, innovation and human capital to meet future challenges. � 2017 Inderscience Enterprises Ltd.
author2 37100908800
author_facet 37100908800
Bekhet H.A.
Yasmin T.
format Article
author Bekhet H.A.
Yasmin T.
spellingShingle Bekhet H.A.
Yasmin T.
Investigating source change of economic development in Malaysia: Total input cost approach
author_sort Bekhet H.A.
title Investigating source change of economic development in Malaysia: Total input cost approach
title_short Investigating source change of economic development in Malaysia: Total input cost approach
title_full Investigating source change of economic development in Malaysia: Total input cost approach
title_fullStr Investigating source change of economic development in Malaysia: Total input cost approach
title_full_unstemmed Investigating source change of economic development in Malaysia: Total input cost approach
title_sort investigating source change of economic development in malaysia: total input cost approach
publisher Inderscience Publishers
publishDate 2023
_version_ 1806424250147405824
score 13.211869