Impact of foreign direct investment (FDI) on housing affordability index: vector autoregressive model / Anderson Chua Chen Lu ... [et al.]
This paper aims to investigate the short and long term association between Foreign Direct Investment (FDI) and overall consumer affordability in Malaysia Real Estate Sector using Vector Autoregressive model. Sample period used is 2009:Q1 to 2017:Q4. FDI is scapegoated as the leading cause of decreas...
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| Format: | Article |
| Language: | en |
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Universiti Teknologi MARA
2020
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| Online Access: | https://ir.uitm.edu.my/id/eprint/40687/1/40687.pdf https://ir.uitm.edu.my/id/eprint/40687/ https://jibe.uitm.edu.my |
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| _version_ | 1833066475918721024 |
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| author | Chua Chen Lu, Anderson Kueh, Jerome Sze Wei, Yong Yau, Josephine Liwan, Audrey |
| author_facet | Chua Chen Lu, Anderson Kueh, Jerome Sze Wei, Yong Yau, Josephine Liwan, Audrey |
| author_sort | Chua Chen Lu, Anderson |
| building | Tun Abdul Razak Library |
| collection | Institutional Repository |
| content_provider | Universiti Teknologi Mara |
| content_source | UiTM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | This paper aims to investigate the short and long term association between Foreign Direct Investment (FDI) and overall consumer affordability in Malaysia Real Estate Sector using Vector Autoregressive model. Sample period used is 2009:Q1 to 2017:Q4. FDI is scapegoated as the leading cause of decreasing affordability in real estate. In most cases, FDI on real estate contributes to the rising income of the country. Increasing income promotes demand to a higher threshold level. Thus, theoretically will cause housing price to increase. Through this study, evidence of no cointegration and absence of Granger causality converge towards deficiency of relationship among FDI and Housing Affordability Index (HAI). Findings pointed out FDI is not the cause of decreasing HAI. |
| format | Article |
| id | my.uitm.ir-40687 |
| institution | Universiti Teknologi Mara |
| language | en |
| publishDate | 2020 |
| publisher | Universiti Teknologi MARA |
| record_format | eprints |
| spelling | my.uitm.ir-406872021-01-19T02:16:19Z https://ir.uitm.edu.my/id/eprint/40687/ Impact of foreign direct investment (FDI) on housing affordability index: vector autoregressive model / Anderson Chua Chen Lu ... [et al.] jibe Chua Chen Lu, Anderson Kueh, Jerome Sze Wei, Yong Yau, Josephine Liwan, Audrey Investment, capital formation, speculation Investment companies. Investment trusts. Mutual funds This paper aims to investigate the short and long term association between Foreign Direct Investment (FDI) and overall consumer affordability in Malaysia Real Estate Sector using Vector Autoregressive model. Sample period used is 2009:Q1 to 2017:Q4. FDI is scapegoated as the leading cause of decreasing affordability in real estate. In most cases, FDI on real estate contributes to the rising income of the country. Increasing income promotes demand to a higher threshold level. Thus, theoretically will cause housing price to increase. Through this study, evidence of no cointegration and absence of Granger causality converge towards deficiency of relationship among FDI and Housing Affordability Index (HAI). Findings pointed out FDI is not the cause of decreasing HAI. Universiti Teknologi MARA 2020-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/40687/1/40687.pdf Impact of foreign direct investment (FDI) on housing affordability index: vector autoregressive model / Anderson Chua Chen Lu ... [et al.]. (2020) Journal of International Business, Economics and Entrepreneurship (JIBE) <https://ir.uitm.edu.my/view/publication/Journal_of_International_Business,_Economics_and_Entrepreneurship_=28JIBE=29/>, 5 (2). pp. 1-11. ISSN 2550-1429 https://jibe.uitm.edu.my |
| spellingShingle | Investment, capital formation, speculation Investment companies. Investment trusts. Mutual funds Chua Chen Lu, Anderson Kueh, Jerome Sze Wei, Yong Yau, Josephine Liwan, Audrey Impact of foreign direct investment (FDI) on housing affordability index: vector autoregressive model / Anderson Chua Chen Lu ... [et al.] |
| title | Impact of foreign direct investment (FDI) on housing affordability index: vector autoregressive model / Anderson Chua Chen Lu ... [et al.] |
| title_full | Impact of foreign direct investment (FDI) on housing affordability index: vector autoregressive model / Anderson Chua Chen Lu ... [et al.] |
| title_fullStr | Impact of foreign direct investment (FDI) on housing affordability index: vector autoregressive model / Anderson Chua Chen Lu ... [et al.] |
| title_full_unstemmed | Impact of foreign direct investment (FDI) on housing affordability index: vector autoregressive model / Anderson Chua Chen Lu ... [et al.] |
| title_short | Impact of foreign direct investment (FDI) on housing affordability index: vector autoregressive model / Anderson Chua Chen Lu ... [et al.] |
| title_sort | impact of foreign direct investment (fdi) on housing affordability index: vector autoregressive model / anderson chua chen lu ... [et al.] |
| topic | Investment, capital formation, speculation Investment companies. Investment trusts. Mutual funds |
| url | https://ir.uitm.edu.my/id/eprint/40687/1/40687.pdf https://ir.uitm.edu.my/id/eprint/40687/ https://jibe.uitm.edu.my |
| url_provider | http://ir.uitm.edu.my/ |