An economic analysis of rubber production in Malaysia using ARDL model / Muhammad Burhanuddin Ismail
Rubber industry is one of the main contributors to Malaysia’s economic growth. But, lately Malaysia facing a declining in area and production of rubber. The study determines the economic analysis of rubber production in Malaysia using annual data over the period of 1987-2016. The importance of this...
Main Author: | |
---|---|
Format: | Student Project |
Published: |
Faculty of Plantation and Agrotechnology
2018
|
Subjects: | |
Online Access: | http://ir.uitm.edu.my/id/eprint/22691/ |
id |
uitm-22691 |
---|---|
recordtype |
eprints |
spelling |
uitm-226912019-04-11T05:37:55Z http://ir.uitm.edu.my/id/eprint/22691/ An economic analysis of rubber production in Malaysia using ARDL model / Muhammad Burhanuddin Ismail Ismail, Muhammad Burhanuddin HB Economic Theory. Demography Economics Rubber industry and trade Rubber industry is one of the main contributors to Malaysia’s economic growth. But, lately Malaysia facing a declining in area and production of rubber. The study determines the economic analysis of rubber production in Malaysia using annual data over the period of 1987-2016. The importance of this study comes from the necessity to determine important factors influencing of rubber production in Malaysia. An Autoregressive Distributed Lag (ARDL) modelling is employed to investigate the impact of area planted, rubber export, and synthetic rubber price on rubber production. The findings of the study illustrate that the ADF unit root tests indicate that the independent variable at first difference are stationary. The results of estimated long run coefficients using the ARDL Approach for the Rubber Export and Area planted are positively significant. The cumulative sum of recursive residuals (CUSUM) were used to test for structural stability of the model. The ARDL bounds tests suggest that the independent variable series are co-integrated. The ECM also reveals that the independent variable have significant causative implications for rubber production and able to readjust 56.12% to long-run equilibrium. Faculty of Plantation and Agrotechnology 2018 Student Project NonPeerReviewed Ismail, Muhammad Burhanuddin (2018) An economic analysis of rubber production in Malaysia using ARDL model / Muhammad Burhanuddin Ismail. [Student Project] (Unpublished) |
repository_type |
Digital Repository |
institution_category |
Local University |
institution |
Universiti Teknologi MARA |
building |
UiTM Institutional Repository |
collection |
Online Access |
topic |
HB Economic Theory. Demography Economics Rubber industry and trade |
spellingShingle |
HB Economic Theory. Demography Economics Rubber industry and trade Ismail, Muhammad Burhanuddin An economic analysis of rubber production in Malaysia using ARDL model / Muhammad Burhanuddin Ismail |
description |
Rubber industry is one of the main contributors to Malaysia’s economic growth. But, lately Malaysia facing a declining in area and production of rubber. The study determines the economic analysis of rubber production in Malaysia using annual data over the period of 1987-2016. The importance of this study comes from the necessity to determine important factors influencing of rubber production in Malaysia. An Autoregressive Distributed Lag (ARDL) modelling is employed to investigate the impact of area planted, rubber export, and synthetic rubber price on rubber production. The findings of the study illustrate that the ADF unit root tests indicate that the independent variable at first difference are stationary. The results of estimated long run coefficients using the ARDL Approach for the Rubber Export and Area planted are positively significant. The cumulative sum of recursive residuals (CUSUM) were used to test for structural stability of the model. The ARDL bounds tests suggest that the independent variable series are co-integrated. The ECM also reveals that the independent variable have significant causative implications for rubber production and able to readjust 56.12% to long-run equilibrium. |
format |
Student Project |
author |
Ismail, Muhammad Burhanuddin |
author_facet |
Ismail, Muhammad Burhanuddin |
author_sort |
Ismail, Muhammad Burhanuddin |
title |
An economic analysis of rubber production in Malaysia using ARDL model / Muhammad Burhanuddin Ismail |
title_short |
An economic analysis of rubber production in Malaysia using ARDL model / Muhammad Burhanuddin Ismail |
title_full |
An economic analysis of rubber production in Malaysia using ARDL model / Muhammad Burhanuddin Ismail |
title_fullStr |
An economic analysis of rubber production in Malaysia using ARDL model / Muhammad Burhanuddin Ismail |
title_full_unstemmed |
An economic analysis of rubber production in Malaysia using ARDL model / Muhammad Burhanuddin Ismail |
title_sort |
economic analysis of rubber production in malaysia using ardl model / muhammad burhanuddin ismail |
publisher |
Faculty of Plantation and Agrotechnology |
publishDate |
2018 |
url |
http://ir.uitm.edu.my/id/eprint/22691/ |
first_indexed |
2023-09-18T23:09:12Z |
last_indexed |
2023-09-18T23:09:12Z |
_version_ |
1777418688379486208 |