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The contribution of economic sectors to economic growth: The cases of Malaysia and China

Malaysia and China have recently achieved spectacular economic growth where GDP percapita growth rapidly in both countries.Thus, this study examines the contribution of economic sectors to economic growth in Malaysia and China by using time series data from year 1978 until 2007.There are three econo...

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Main Author: Hussin, Fauzi
Format: Article
Language:English
Published: Human Resource Management Academic Research Society (HRMARS) 2013
Subjects:
HC Economic History and Conditions
Online Access:http://repo.uum.edu.my/13691/1/2.pdf
http://repo.uum.edu.my/13691/
http://www.hrmars.com/
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spelling my.uum.repo.136912015-04-08T02:54:01Z http://repo.uum.edu.my/13691/ The contribution of economic sectors to economic growth: The cases of Malaysia and China Hussin, Fauzi HC Economic History and Conditions Malaysia and China have recently achieved spectacular economic growth where GDP percapita growth rapidly in both countries.Thus, this study examines the contribution of economic sectors to economic growth in Malaysia and China by using time series data from year 1978 until 2007.There are three economic sectors that will be analyzed, which are agricultural sector, manufacturing sector and service sector.Augmented Dickey Fuller (ADF) unit root test is used in this study and it showed that the time series data are stationary at the first differences.Then, correlation analysis indicated that agriculture sector, manufacturing sector and service sector had positive relationship with GDP per capita in Malaysia and China.In addition, results of model multiple regressions showed that services sector generated the highest contribution to Malaysia's economic growth while manufacturing sector provided the biggest contribution to China's econimic growth. Human Resource Management Academic Research Society (HRMARS) 2013-03 Article PeerReviewed application/pdf en cc4_by_nc_nd http://repo.uum.edu.my/13691/1/2.pdf Hussin, Fauzi (2013) The contribution of economic sectors to economic growth: The cases of Malaysia and China. International Journal of Academic Research in Economics and Management Sciences, 2 (2). pp. 36-48. ISSN 2226-3624 http://www.hrmars.com/
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HC Economic History and Conditions
spellingShingle HC Economic History and Conditions
Hussin, Fauzi
The contribution of economic sectors to economic growth: The cases of Malaysia and China
description Malaysia and China have recently achieved spectacular economic growth where GDP percapita growth rapidly in both countries.Thus, this study examines the contribution of economic sectors to economic growth in Malaysia and China by using time series data from year 1978 until 2007.There are three economic sectors that will be analyzed, which are agricultural sector, manufacturing sector and service sector.Augmented Dickey Fuller (ADF) unit root test is used in this study and it showed that the time series data are stationary at the first differences.Then, correlation analysis indicated that agriculture sector, manufacturing sector and service sector had positive relationship with GDP per capita in Malaysia and China.In addition, results of model multiple regressions showed that services sector generated the highest contribution to Malaysia's economic growth while manufacturing sector provided the biggest contribution to China's econimic growth.
format Article
author Hussin, Fauzi
author_facet Hussin, Fauzi
author_sort Hussin, Fauzi
title The contribution of economic sectors to economic growth: The cases of Malaysia and China
title_short The contribution of economic sectors to economic growth: The cases of Malaysia and China
title_full The contribution of economic sectors to economic growth: The cases of Malaysia and China
title_fullStr The contribution of economic sectors to economic growth: The cases of Malaysia and China
title_full_unstemmed The contribution of economic sectors to economic growth: The cases of Malaysia and China
title_sort contribution of economic sectors to economic growth: the cases of malaysia and china
publisher Human Resource Management Academic Research Society (HRMARS)
publishDate 2013
url http://repo.uum.edu.my/13691/1/2.pdf
http://repo.uum.edu.my/13691/
http://www.hrmars.com/
_version_ 1644281255054802944
score 13.211869

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