Examining price convergence behaviour between Peninsular Malaysia and Sabah & Sarawak: evidence for market integration

The purpose of this study is to assess the degree of markets integration within Malaysia by examining price convergence across East and West Malaysia markets. Disaggregate monthly price data (consumer price index) for various categories of goods or services in Peninsular Malaysia, Sabah and Sarawak...

Full description

Bibliographic Details
Main Authors:	Mhd. Ruslan, Siti Marsila, Mat Ghani, Gairuzazmi, Khalid, Haniza
Format:	Conference or Workshop Item
Language:	English
Published:	2016
Subjects:	HE380 Water transportation HF1021 Commercial geography. Economic geography
Online Access:	http://irep.iium.edu.my/51484/ http://irep.iium.edu.my/51484/1/51484_Examining_price_convergence_behaviour_between_Peninsular_Malaysia_and_Sabah_%26_Sarawak.pdf

id	iium-51484
recordtype	eprints
spelling	iium-514842016-08-17T07:48:39Z http://irep.iium.edu.my/51484/ Examining price convergence behaviour between Peninsular Malaysia and Sabah & Sarawak: evidence for market integration Mhd. Ruslan, Siti Marsila Mat Ghani, Gairuzazmi Khalid, Haniza HE380 Water transportation HF1021 Commercial geography. Economic geography The purpose of this study is to assess the degree of markets integration within Malaysia by examining price convergence across East and West Malaysia markets. Disaggregate monthly price data (consumer price index) for various categories of goods or services in Peninsular Malaysia, Sabah and Sarawak were utilized from year 2004 to 2015 using ADF unit root test and half-life estimation. Our empirical findings show that there is a price convergence for majority of price commodity groups in Malaysia. The implication of price convergence in Malaysia gives the evidence of market integration among Peninsular Malaysia, Sabah and Sarawak. On the other hand, most of tradable goods prices adjust more rapidly than non-tradable goods when looking at its half-life period. 2016-07-28 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/51484/1/51484_Examining_price_convergence_behaviour_between_Peninsular_Malaysia_and_Sabah_%26_Sarawak.pdf Mhd. Ruslan, Siti Marsila and Mat Ghani, Gairuzazmi and Khalid, Haniza (2016) Examining price convergence behaviour between Peninsular Malaysia and Sabah & Sarawak: evidence for market integration. In: Persidangan Kebangsaan Ekonomi Malaysia ke 11, 27-28 Jul 2016, Putrajaya.
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HE380 Water transportation HF1021 Commercial geography. Economic geography
spellingShingle	HE380 Water transportation HF1021 Commercial geography. Economic geography Mhd. Ruslan, Siti Marsila Mat Ghani, Gairuzazmi Khalid, Haniza Examining price convergence behaviour between Peninsular Malaysia and Sabah & Sarawak: evidence for market integration
description	The purpose of this study is to assess the degree of markets integration within Malaysia by examining price convergence across East and West Malaysia markets. Disaggregate monthly price data (consumer price index) for various categories of goods or services in Peninsular Malaysia, Sabah and Sarawak were utilized from year 2004 to 2015 using ADF unit root test and half-life estimation. Our empirical findings show that there is a price convergence for majority of price commodity groups in Malaysia. The implication of price convergence in Malaysia gives the evidence of market integration among Peninsular Malaysia, Sabah and Sarawak. On the other hand, most of tradable goods prices adjust more rapidly than non-tradable goods when looking at its half-life period.
format	Conference or Workshop Item
author	Mhd. Ruslan, Siti Marsila Mat Ghani, Gairuzazmi Khalid, Haniza
author_facet	Mhd. Ruslan, Siti Marsila Mat Ghani, Gairuzazmi Khalid, Haniza
author_sort	Mhd. Ruslan, Siti Marsila
title	Examining price convergence behaviour between Peninsular Malaysia and Sabah & Sarawak: evidence for market integration
title_short	Examining price convergence behaviour between Peninsular Malaysia and Sabah & Sarawak: evidence for market integration
title_full	Examining price convergence behaviour between Peninsular Malaysia and Sabah & Sarawak: evidence for market integration
title_fullStr	Examining price convergence behaviour between Peninsular Malaysia and Sabah & Sarawak: evidence for market integration
title_full_unstemmed	Examining price convergence behaviour between Peninsular Malaysia and Sabah & Sarawak: evidence for market integration
title_sort	examining price convergence behaviour between peninsular malaysia and sabah & sarawak: evidence for market integration
publishDate	2016
url	http://irep.iium.edu.my/51484/ http://irep.iium.edu.my/51484/1/51484_Examining_price_convergence_behaviour_between_Peninsular_Malaysia_and_Sabah_%26_Sarawak.pdf
first_indexed	2023-09-18T21:12:53Z
last_indexed	2023-09-18T21:12:53Z
_version_	1777411369813934080

Examining price convergence behaviour between Peninsular Malaysia and Sabah & Sarawak: evidence for market integration

Similar Items