Flood Disaster and Mining Sector GDP Growth: The Case of Malaysia
Journal Title: International Journal of Management Sciences - Year 2015, Vol 6, Issue 11
Abstract
Mining sector is one of a major sector of industrialized in many developing countries. Furthermore, many other major productive sectors of economy rely on the activities and output of mining sector. The sector of mining has significant socio economic environment and manpower effect in Malaysian economy. However, the occurrences of flood disaster in Malaysia are argued to have affected the mining sector. The purpose of this study is to examine the impact of flood disaster on the mining sector GDP growth in Malaysia for the period of 1960 to 2013. Several methods were employed to measure the impact of flood disaster on the mining sector GDP growth such as the Autoregressive Distributed Lag (ARDL) bounds testing approach, the Error Correction Model (ECM) test, the cumulative sum (CUSUM) and cumulative sum of squares (CUSUMsq) tests. The findings suggest that flood negatively affect mining GDP growth in both short run and long run. Furthermore, the duration of flood gives most impact on the mining GDP growth in both long run and short run. The results of the study have important implications for the mining sector in both long run and short run.
Authors and Affiliations
Mai Syaheera M. Shaari, Mohd Zaini Abd Karim, Bakti Hassan Basri
Keywords
Related Articles
- EP ID EP27081
- DOI -
- Views 254
- Downloads 4
Exploring Mobile 4G adoption in Malaysia
The purpose of this paper is to determine the main factors affecting mobile 4 G service for adoption. The main reason to stimulate the present study was the significantly low rate of using 4G service among mobile users...
The Effect of Trait Anxiety on the Performance in Iowa Gambling Task
As a classical task of measuring individual decisions based on emotions, the Iowa gambling task and influencing factors had always been paid attention. The research adopted Iowa gambling task to compare task scores of...
Assessing Success of Turnaround Strategies for Distressed Companies: A Case Study of UCHUMI Supermarket Ltd. Kenya
Financial distress is a situation whereby a firm does not meet creditors’ obligations or are met with difficulties. Financial distress is evident in many companies in Kenya. It is a major concern to various stake holde...
The Role of Universities in Innovation Development as Trainer and Innovator
Several success stories prove that universities are able to significantly influence regional economic and innovation performance. Partially due to this fact, a number of regions created development strategies to streng...
Impulsive Buying Behaviour of Women in Apparel industry in Pakistan
Impulsive behaviour means acting on instinct, this study is to conclude the behavioural impulsivity of women in particular; this study was specifically conducted to find out the relation, and the effect of factors that...