The Effect of Production of Selected Agriculture Products and Money Supply on GDP of Agriculture Sector in Malaysia

The Effect of Production of Selected Agriculture Products and Money Supply on GDP of Agriculture Sector in Malaysia

Agriculture sector plays the vital role in Malaysian economic because of the contribution of agriculture during the early stages of the national economic growth until now. The purpose of this paper is to examine the effects of the selected agriculture sector (palm oil, rubber, rice and saw logs) in...

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Main Author: Devaki a/p, Kanaga Retnam
Format: Thesis
Language:eng
eng
Published: 2012
Subjects:
HD Industries
Land use
Labor.
Online Access:https://etd.uum.edu.my/3215/1/DEVAKI_KANAGA_RETNAM.pdf
https://etd.uum.edu.my/3215/4/DEVAKI_KANAGA_RETNAM.pdf
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id my-uum-etd.3215
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Abdullah, Hussin
topic HD Industries
Land use
Labor.
spellingShingle HD Industries
Land use
Labor.
Devaki a/p, Kanaga Retnam
The Effect of Production of Selected Agriculture Products and Money Supply on GDP of Agriculture Sector in Malaysia
description Agriculture sector plays the vital role in Malaysian economic because of the contribution of agriculture during the early stages of the national economic growth until now. The purpose of this paper is to examine the effects of the selected agriculture sector (palm oil, rubber, rice and saw logs) in the agriculture sector and to examine the impact of money supply across employment and productivity of labour and capital in agriculture sector. This paper uses the secondary data from year 1981 until 2010 from the Department of Statistics Malaysia, Malaysia Productivity Corporation (MPC) and Asian Development Bank (ADB). By using Johansen-Julies Cointegration model, the results showed there is long run relationship between dependent variable and independent variables. But, in Granger Causality model, result showed there is no relationship between money supply and productivity variables. While, this paper also conducts other tests such as Autocorrelation, Ramsey RESET and Histogram Normality Test.
format Thesis
qualification_name masters
qualification_level Master's degree
author Devaki a/p, Kanaga Retnam
author_facet Devaki a/p, Kanaga Retnam
author_sort Devaki a/p, Kanaga Retnam
title The Effect of Production of Selected Agriculture Products and Money Supply on GDP of Agriculture Sector in Malaysia
title_short The Effect of Production of Selected Agriculture Products and Money Supply on GDP of Agriculture Sector in Malaysia
title_full The Effect of Production of Selected Agriculture Products and Money Supply on GDP of Agriculture Sector in Malaysia
title_fullStr The Effect of Production of Selected Agriculture Products and Money Supply on GDP of Agriculture Sector in Malaysia
title_full_unstemmed The Effect of Production of Selected Agriculture Products and Money Supply on GDP of Agriculture Sector in Malaysia
title_sort effect of production of selected agriculture products and money supply on gdp of agriculture sector in malaysia
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2012
url https://etd.uum.edu.my/3215/1/DEVAKI_KANAGA_RETNAM.pdf
https://etd.uum.edu.my/3215/4/DEVAKI_KANAGA_RETNAM.pdf
_version_ 1747827522604630016
spelling my-uum-etd.32152016-04-19T02:40:00Z The Effect of Production of Selected Agriculture Products and Money Supply on GDP of Agriculture Sector in Malaysia 2012-01 Devaki a/p, Kanaga Retnam Abdullah, Hussin Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HD Industries. Land use. Labor. Agriculture sector plays the vital role in Malaysian economic because of the contribution of agriculture during the early stages of the national economic growth until now. The purpose of this paper is to examine the effects of the selected agriculture sector (palm oil, rubber, rice and saw logs) in the agriculture sector and to examine the impact of money supply across employment and productivity of labour and capital in agriculture sector. This paper uses the secondary data from year 1981 until 2010 from the Department of Statistics Malaysia, Malaysia Productivity Corporation (MPC) and Asian Development Bank (ADB). By using Johansen-Julies Cointegration model, the results showed there is long run relationship between dependent variable and independent variables. But, in Granger Causality model, result showed there is no relationship between money supply and productivity variables. While, this paper also conducts other tests such as Autocorrelation, Ramsey RESET and Histogram Normality Test. 2012-01 Thesis https://etd.uum.edu.my/3215/ https://etd.uum.edu.my/3215/1/DEVAKI_KANAGA_RETNAM.pdf text eng validuser https://etd.uum.edu.my/3215/4/DEVAKI_KANAGA_RETNAM.pdf text eng public masters masters Universiti Utara Malaysia 18th Productivity Report (2010). Malaysia Productivity Corporation (MPC). www.mpc.gov.my/mpc/images/file/APR/APRSnapshot. pdf Azmi Shahrin Bin Abdul Rahim (2006). A Critical Assessment the Contribution of the Agriculture Sector in the Growth of the Malaysian Economy. 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National Productivity Corporation. http://www.utusan.com.my/utusan/special/others/ laporan_produktiviti_2002.pdf Qazi Muhammad Adnan Hye (2009). Money Supply and Agricultural Prices - A Causality Analysis for Pakistan Economy (Quarterly Data Analysis). Journal of Agricultural Research, Vol. 47, No. 2. Retrieved August 15, 2011, from http://papers.ssrn.com/sol3/papers.cfm?abstract_ id=1369194 Qazi Muhammad Adnan Hye and Masood Mashkoor Siddiqui (2010). Money Supply, Exchange Rate, Industrial and Agricultural Product Prices: Evidence from Pakistan. African Journal of Agricultural Research, Vol.5(22), pp.2997-3002. Retrieved August 21, 2011, from http://www.academicjournals.org/ajar/pdf/pdf% 202010/18%20Nov/Hye%20and%20Siddiqu.pdf Quantitative Micro Software (2004). E-View 5 User’s Guide. USA : Quantitative Micro Software, LLC. Thomas M. Humphrey (1997). Algebraic Production Functions and Their Uses Before Cobb-Douglas. Federal Reserve Bank of Richmond Economic Quarterly, Vol. 83/1. Retrieved August 22,2011, from http://www.richmondfed.org/publications/ research/economic_quarterly/1997/winter/pdf/ humphrey.pdf Viveka P. Kudaligama and John F. Yanagida (2000). A Comparison of Intercountry Agricultural Production Functions: A Frontier Function Approach. Journal of Economic Development, Vol.25, pp.57-78. Retrieved August 30, 2011, from http://www.jed.or.kr/full-text/ 25-1/kudaligama.PDF Yair Mundlak (1992). Agricultural Productivity and Economic Policies: Concepts and Measurements. Developing Country Agriculture and International Economic Trends, Working Paper No.75. Retrieved August 30,2011, from http://www.oecd-ilibrary.org/development/ agricultural-productivity-and-economic- policies_257184001567

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