Employment and macroeconomic variables: evidence from Malaysia, Philippines and Singapore

Bibliographic Details
Format: Restricted Document
_version_ 1860799685173706752
building INTELEK Repository
collection Online Access
collectionurl https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072
date 2011-07-26 10:41:34
format Restricted Document
id 6995
institution UniSZA
originalfilename 2055-01-FH02-FESP-18-14903.pdf
person administrator
Administrator
recordtype oai_dc
resourceurl https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6995
spelling 6995 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6995 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Article Journal application/pdf 10 1.6 Adobe Acrobat Pro DC 20 Paper Capture Plug-in administrator Administrator 2011-07-26 10:41:34 2055-01-FH02-FESP-18-14903.pdf UniSZA Private Access Employment and macroeconomic variables: evidence from Malaysia, Philippines and Singapore International journal of economics and finance This study examines the meaningful relationship between employment and macroeconomic variables such as domestic capital, gross domestic product and government expenditure in three major ASEAN economies, namely Malaysia, Singapore and Philippines. Johansen (1991) cointegration method coupled with VECM (vector-error-correction model) testing procedure is employed to analyze the impact of the selected variables. The period of interest is 1970-2005 using annual data. The empirical results demonstrate mixed results whereby though cointegration could be detected for all three countries; in the case of Malaysia, the causality that could be detected are, capital granger causes employment and employment granger causes government expenditure, as for Singapore, trade granger causes capital and lastly for the case of Philippines, both income and trade granger causes government expenditure. 3 3 139-148
spellingShingle Employment and macroeconomic variables: evidence from Malaysia, Philippines and Singapore
summary This study examines the meaningful relationship between employment and macroeconomic variables such as domestic capital, gross domestic product and government expenditure in three major ASEAN economies, namely Malaysia, Singapore and Philippines. Johansen (1991) cointegration method coupled with VECM (vector-error-correction model) testing procedure is employed to analyze the impact of the selected variables. The period of interest is 1970-2005 using annual data. The empirical results demonstrate mixed results whereby though cointegration could be detected for all three countries; in the case of Malaysia, the causality that could be detected are, capital granger causes employment and employment granger causes government expenditure, as for Singapore, trade granger causes capital and lastly for the case of Philippines, both income and trade granger causes government expenditure.
title Employment and macroeconomic variables: evidence from Malaysia, Philippines and Singapore
title_full Employment and macroeconomic variables: evidence from Malaysia, Philippines and Singapore
title_fullStr Employment and macroeconomic variables: evidence from Malaysia, Philippines and Singapore
title_full_unstemmed Employment and macroeconomic variables: evidence from Malaysia, Philippines and Singapore
title_short Employment and macroeconomic variables: evidence from Malaysia, Philippines and Singapore
title_sort employment and macroeconomic variables: evidence from malaysia, philippines and singapore