rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Factors affecting the co-movement of prices between peninsular Malaysia and Sabah
    sub title: a focus on cabotage policy
  name:
    name part: Siti Marsila binti Mhd. Ruslan
    role:
      role term: creator
    role:
      role term: author
  name:
    name part: International Islamic University Malaysia
    name part: Kulliyyah of Economics and Management Sciences
  genre: Theses, IIUM local
  origin info:
    place:
      place term: my
    date issued: 2018
  language:
    language term: eng
  physical description:
    extent: xv, 232 leaves : illustrations ; 30cm.
  abstract: The issue of price disparity between Peninsular Malaysia and Sabah has always been an important topic of debate for a long time. Different stakeholders pinpoint different causes of this issue. The objective of this study, therefore, is to analyse the extent of integration between Peninsular Malaysia and Sabah by observing the co-movement of prices between those two markets, paying particular attention on the liberalisation of the cabotage policy in 2009 as the main driving factor. For this purpose, this study utilised the disaggregated monthly price data (consumer price index) for nine categories of goods and services in Peninsular Malaysia and Sabah from year 2004 to 2015, applying several empirical tests to determine whether any structural break(s) occurred within the period of the study (with the year 2009 as the reference). The stationarity of data is first being tested using the classical unit root test including ADF, PP and KPSS; and the unit root test with the break of Zivot and Andrews (ZA) and Perron test. The findings show different periods of structural break for each unit roots that have structural break(s), with most outcome of the unit root test showing breaks occurring between 2008 and 2010. However, the “furnishings, household equipment and routine household maintenance” and “housing, water, electricity, gas and other fuels” groups show the breaks occurring from 2012 to 2014. Consequently, this study does not show a stable long-run term relationship and co-movement of price between consumer price indexes (CPIs) for most groups, which indicates that the variables are not cointegrated in the Johansen Cointegration Test. Nevertheless, the Gregory and Hansen test shows that there is some form of cointegration with structural break(s) especially in 2008, albeit only for a few groups. This further cements that it is rather “inconsequential” to relate the break of CPIs with the liberalisation of the cabotage policy in 2009. This may imply that other factors…
  note: by Siti Marsila binti Mhd. Ruslan
  note: Thesis (Ph.D)--International Islamic University Malaysia, 2018.
  note: Includes bibliographical references (leaves 207-228).
  subject:
    geographic code: a-my---
  classification: HF5416.5
  identifier: http://studentrepo.iium.edu.my/handle/123456789/3153
  record info:
    record content source: UIAM
    record creation date: 180711
    language of cataloging:
      language term: eng