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The role of infrastructure in national economic development in Malaysia

This paper investigates the impact of infrastructure development along with some other predictors' namely inward Foreign Direct Investment (FDI) and human capital on economic growth in Malaysia over the period of 1975-2015. The ordinary least method is employed based on the nature of the data...

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Main Authors: Azam, Muhammad, Abu Bakar, Nor'Aznin
Format: Conference or Workshop Item
Published: 2018
Subjects:
HG Finance
Online Access:http://repo.uum.edu.my/25469/
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spelling my.uum.repo.254692019-01-22T23:47:32Z http://repo.uum.edu.my/25469/ The role of infrastructure in national economic development in Malaysia Azam, Muhammad Abu Bakar, Nor'Aznin HG Finance This paper investigates the impact of infrastructure development along with some other predictors' namely inward Foreign Direct Investment (FDI) and human capital on economic growth in Malaysia over the period of 1975-2015. The ordinary least method is employed based on the nature of the data. The least squares results reveal that infrastructure has significantly positive impact on economic growth of Malaysia during the period under the study. The other variables- incoming FDI and human capital are positively related to economic growth. Empirical findings of the study suggest that the government of Malaysia needs to focus more on the development of infrastructure in the country. Improved infrastructure will boost economic growth and consequently will largely improve welfare of the society. 2018 Conference or Workshop Item PeerReviewed Azam, Muhammad and Abu Bakar, Nor'Aznin (2018) The role of infrastructure in national economic development in Malaysia. In: Proceedings of academics world international conference, 22-23 August 2018, Pattaya, Thailand.
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/
topic HG Finance
spellingShingle HG Finance
Azam, Muhammad
Abu Bakar, Nor'Aznin
The role of infrastructure in national economic development in Malaysia
description This paper investigates the impact of infrastructure development along with some other predictors' namely inward Foreign Direct Investment (FDI) and human capital on economic growth in Malaysia over the period of 1975-2015. The ordinary least method is employed based on the nature of the data. The least squares results reveal that infrastructure has significantly positive impact on economic growth of Malaysia during the period under the study. The other variables- incoming FDI and human capital are positively related to economic growth. Empirical findings of the study suggest that the government of Malaysia needs to focus more on the development of infrastructure in the country. Improved infrastructure will boost economic growth and consequently will largely improve welfare of the society.
format Conference or Workshop Item
author Azam, Muhammad
Abu Bakar, Nor'Aznin
author_facet Azam, Muhammad
Abu Bakar, Nor'Aznin
author_sort Azam, Muhammad
title The role of infrastructure in national economic development in Malaysia
title_short The role of infrastructure in national economic development in Malaysia
title_full The role of infrastructure in national economic development in Malaysia
title_fullStr The role of infrastructure in national economic development in Malaysia
title_full_unstemmed The role of infrastructure in national economic development in Malaysia
title_sort role of infrastructure in national economic development in malaysia
publishDate 2018
url http://repo.uum.edu.my/25469/
_version_ 1644284333186351104
score 13.211869

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