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...
| Main Authors: | , , |
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| Format: | Proceeding Paper |
| Language: | English |
| Published: |
2016
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| Subjects: | |
| 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 |
| _version_ | 1848783861789491200 |
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| 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 |
| building | IIUM Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-14T16:28:05Z |
| format | Proceeding Paper |
| id | iium-51484 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T16:28:05Z |
| publishDate | 2016 |
| recordtype | eprints |
| repository_type | Digital Repository |
| 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 Proceeding Paper 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. |
| 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 |
| title | 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_short | 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 |
| topic | HE380 Water transportation HF1021 Commercial geography. Economic geography |
| 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 |