Empirical analysis on household savings in Malaysia / Nur Liyana Mohamed Yousop …[et al.]
The Malaysian household saving growth has shown weakened patterns from year to year. Low-income level, overspending and black swan economic events result in nosedived household savings. To explain this issue, this study empirically examined factors affecting household savings in Malaysia. The analys...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Universiti Teknologi MARA Shah Alam
2020
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| Online Access: | https://ir.uitm.edu.my/id/eprint/34880/ |
| _version_ | 1848808654481915904 |
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| author | Mohamed Yousop, Nur Liyana Wan Zakaria, Wan Mohd Farid Ahmad, Zuraidah Abdul Manan, Ahmad A'thif |
| author_facet | Mohamed Yousop, Nur Liyana Wan Zakaria, Wan Mohd Farid Ahmad, Zuraidah Abdul Manan, Ahmad A'thif |
| author_sort | Mohamed Yousop, Nur Liyana |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | The Malaysian household saving growth has shown weakened patterns from year to year. Low-income level, overspending and black swan economic events result in nosedived household savings. To explain this issue, this study empirically examined factors affecting household savings in Malaysia. The analysis was based on time-series data gathered from World Bank Data, CEIC Data and Department of Statistic of Malaysia from 1970 until 2018. The ordinary least square (OLS) regression analysis was used to examine the significant relationship among dependent variable (household savings, proxy gross domestic savings) and independent variables which consist of interest rate, inflation rate, age dependency ratio, consumption expenditure and income. The findings from this study reveal that the interest rate and household consumption expenditure have significant negative relationships with the household savings, while age dependency ratio, inflation rate and income have insignificant relationships with the household savings. |
| first_indexed | 2025-11-14T23:02:09Z |
| format | Article |
| id | uitm-34880 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T23:02:09Z |
| publishDate | 2020 |
| publisher | Universiti Teknologi MARA Shah Alam |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-348802020-10-02T06:57:08Z https://ir.uitm.edu.my/id/eprint/34880/ Empirical analysis on household savings in Malaysia / Nur Liyana Mohamed Yousop …[et al.] jibe Mohamed Yousop, Nur Liyana Wan Zakaria, Wan Mohd Farid Ahmad, Zuraidah Abdul Manan, Ahmad A'thif Demographic surveys The Malaysian household saving growth has shown weakened patterns from year to year. Low-income level, overspending and black swan economic events result in nosedived household savings. To explain this issue, this study empirically examined factors affecting household savings in Malaysia. The analysis was based on time-series data gathered from World Bank Data, CEIC Data and Department of Statistic of Malaysia from 1970 until 2018. The ordinary least square (OLS) regression analysis was used to examine the significant relationship among dependent variable (household savings, proxy gross domestic savings) and independent variables which consist of interest rate, inflation rate, age dependency ratio, consumption expenditure and income. The findings from this study reveal that the interest rate and household consumption expenditure have significant negative relationships with the household savings, while age dependency ratio, inflation rate and income have insignificant relationships with the household savings. Universiti Teknologi MARA Shah Alam 2020-06 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/34880/1/34880.pdf Mohamed Yousop, Nur Liyana and Wan Zakaria, Wan Mohd Farid and Ahmad, Zuraidah and Abdul Manan, Ahmad A'thif (2020) Empirical analysis on household savings in Malaysia / Nur Liyana Mohamed Yousop …[et al.]. (2020) Journal of International Business, Economics and Entrepreneurship (JIBE) <https://ir.uitm.edu.my/view/publication/Journal_of_International_Business,_Economics_and_Entrepreneurship_=28JIBE=29.html>, 5 (1). pp. 13-22. ISSN 550-1429 https://jibe.uitm.edu.my/index.php/en/june-2020 |
| spellingShingle | Demographic surveys Mohamed Yousop, Nur Liyana Wan Zakaria, Wan Mohd Farid Ahmad, Zuraidah Abdul Manan, Ahmad A'thif Empirical analysis on household savings in Malaysia / Nur Liyana Mohamed Yousop …[et al.] |
| title | Empirical analysis on household savings in Malaysia / Nur Liyana Mohamed Yousop …[et al.] |
| title_full | Empirical analysis on household savings in Malaysia / Nur Liyana Mohamed Yousop …[et al.] |
| title_fullStr | Empirical analysis on household savings in Malaysia / Nur Liyana Mohamed Yousop …[et al.] |
| title_full_unstemmed | Empirical analysis on household savings in Malaysia / Nur Liyana Mohamed Yousop …[et al.] |
| title_short | Empirical analysis on household savings in Malaysia / Nur Liyana Mohamed Yousop …[et al.] |
| title_sort | empirical analysis on household savings in malaysia / nur liyana mohamed yousop …[et al.] |
| topic | Demographic surveys |
| url | https://ir.uitm.edu.my/id/eprint/34880/ https://ir.uitm.edu.my/id/eprint/34880/ |