Long run relationship between Malaysian stock market and agriculture sector
Since independence, agriculture has been Malaysia’s primary economic activity and has been the major source of national income (Danilah et.al, 2004). However, in 1987, the manufacturing sector takes over as the premier sector in the economy growth (BNM, 1989). Recently, in the ninth Malaysia plan pe...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | en English |
| Published: |
Cabells USA
2009
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| Subjects: | |
| Online Access: | http://psasir.upm.edu.my/id/eprint/15486/1/Long%20run%20relationship%20between%20Malaysian%20stock%20market%20and%20agriculture%20sector.pdf http://psasir.upm.edu.my/id/eprint/15486/ |
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| Summary: | Since independence, agriculture has been Malaysia’s primary economic activity and has been the major source of national income (Danilah et.al, 2004). However, in 1987, the manufacturing sector takes over as the premier sector in the economy growth (BNM, 1989). Recently, in the ninth Malaysia plan period, the government has given a new emphasis to agriculture sector. Thus, this paper is to investigate the long-run relationship between Malaysian stock market and agriculture sector performances during 15 years period from 1990 to 2005. The results suggest
that Malaysian stock market and agriculture sector have a positive long- run relationship. |
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