FLOOD DISASTER AND GDP GROWTH IN MALAYSIA
Journal Title: European Journal of Business and Social Sciences - Year 2016, Vol 4, Issue 10
Abstract
This paper seeks to examine the impact of flood disaster on GDP growth in Malaysia for the period of 1960 to 2013 by applying the Autoregressive Distributed Lag (ARDL) bounds testing approach to cointegration and the error correction model (ECM) for short run relationship. ADF, PP and KPSS unit root test examines the stationarity of the series. The results show that the series are cointegrated. The findings suggest that all four flood variables significantly affecting GDP growth in both long run and short run. The results of the study have important implications for the GDP growth in both long run and short run. First, the government should have a proper flood mitigation plan so as to avoid the negative impact of flood on GDP growth in the long run. Second, prepare sufficient stockpiles of basic necessities in a safe place to avoid shortages and temporary setback in the short run.
Authors and Affiliations
Mai Syaheera M. Shaari| Othman Yeop Abdullah Graduate School of Business, Universiti Utara Malaysia, Malaysia, Mohd Zaini Abd Karim| Othman Yeop Abdullah Graduate School of Business, Universiti Utara Malaysia, Malaysia, Bakti Hassan Basri| School of Economics, Finance and Banking, Universiti Utara Malaysia, Malaysia
Keywords
Related Articles
- EP ID EP10696
- DOI -
- Views 322
- Downloads 20
SOCIAL RECOGNITION OF FAMILY PLANNING PROGRAM IN TEHSIL DARGAI DISTRICT MALAKAND, PAKISTAN
The current study was conducted in the three-selected village’s i.e Sarogai, Wazirabad and Hijab killy of Tehsil Dargai of District Malakand to assess the family Planning Program. The study proceeded with the object...
NON-INDUSTRIALIZED FARMS OF OIL PALM (ELAEIS GUINEENSIS JACQ. LILIOPSIDA ARECACEAE) TO SONGON IN SOUTHERN CÔTE D'IVOIRE: ANALYSIS AND PROSPECTS
This work explains the activity of smallholder’s oil palm, the area of Songon in the south of Côte d'Ivoire. It highlights the different areas studied; reveal the impact of the size and age of the palm on the param...
HUMAN RIGHT IN CONFRONTATION WITH STATE IMMUNITY
Human right is not only a political and moral concept but also a legal one. The origins and applicability of international law has been examined more and more by those who seek redress for historic human right violati...
NEURO-LINGUISTIC PROGRAMMING AND LEADERSHIP: AN EXPLORATORY STUDY ON LEBANESE MANAGEMENT
Neuro-Linguistic Programming (NLP) is a field concerned with interpersonal communication to enhance individual as well as group dynamics. Consequently, new patterns of behavior and communication are developed and appl...
THE LEADERSHIP FACTOR IN THE SUSTENANCE OF NON-PROFIT ORGANISATIONS IN GHANA
The sustenance of a non-profit organisation depends on its leadership and how the internal structures, systems and processes are managed. This study sought to examine the leadership factor in the sustenance of non-pro...