The macroeconomic consequences of natural disaster in Vietnam

The main purpose of this study is to investigate the macroeconomic consequences of natural disasters in Vietnam for the period from 1983 to 2009. Augmented Dickey-Fuller and Phillip-Perron unit root tests, Johansen and Juselius co integration test and causality test based on vector error c(!)ITectio...

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Main Author: Kuy, Gui Jin
Format: Final Year Project Report / IMRAD
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2012
Subjects:
Online Access:http://ir.unimas.my/id/eprint/9988/
http://ir.unimas.my/id/eprint/9988/8/The%20Macroeconomic%20Consequences%20of%20Natural%20Disasters%20In%20Vietnam%28fulltext%29.pdf
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author Kuy, Gui Jin
author_facet Kuy, Gui Jin
author_sort Kuy, Gui Jin
building UNIMAS Institutional Repository
collection Online Access
description The main purpose of this study is to investigate the macroeconomic consequences of natural disasters in Vietnam for the period from 1983 to 2009. Augmented Dickey-Fuller and Phillip-Perron unit root tests, Johansen and Juselius co integration test and causality test based on vector error c(!)ITection model (VECM) are used to examine the model. The empirical results showed that all the time series data are stationary at first difference and cointegrated with single vector. All the explanatory variables have found to contribute to the long run equilibrium relationship. In addition, natural disasters have a statistically adverse impact on the macro-economy. Increase in the total number of victim leads to corresponding decrease in the income level. Furthermore, the Granger I causality te~t results based on vector error correction model reveal that the government consumption and gross capital formation do not have causality relationships with total number ofaffected in the short-run. This study provides a better understanding to people of the impact of natural disaster on macro-economy in Vietnam.
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format Final Year Project Report / IMRAD
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language English
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publisher Universiti Malaysia Sarawak, (UNIMAS)
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spelling unimas-99882023-08-11T03:32:49Z http://ir.unimas.my/id/eprint/9988/ The macroeconomic consequences of natural disaster in Vietnam Kuy, Gui Jin HC Economic History and Conditions The main purpose of this study is to investigate the macroeconomic consequences of natural disasters in Vietnam for the period from 1983 to 2009. Augmented Dickey-Fuller and Phillip-Perron unit root tests, Johansen and Juselius co integration test and causality test based on vector error c(!)ITection model (VECM) are used to examine the model. The empirical results showed that all the time series data are stationary at first difference and cointegrated with single vector. All the explanatory variables have found to contribute to the long run equilibrium relationship. In addition, natural disasters have a statistically adverse impact on the macro-economy. Increase in the total number of victim leads to corresponding decrease in the income level. Furthermore, the Granger I causality te~t results based on vector error correction model reveal that the government consumption and gross capital formation do not have causality relationships with total number ofaffected in the short-run. This study provides a better understanding to people of the impact of natural disaster on macro-economy in Vietnam. Universiti Malaysia Sarawak, (UNIMAS) 2012 Final Year Project Report / IMRAD NonPeerReviewed text en http://ir.unimas.my/id/eprint/9988/8/The%20Macroeconomic%20Consequences%20of%20Natural%20Disasters%20In%20Vietnam%28fulltext%29.pdf Kuy, Gui Jin (2012) The macroeconomic consequences of natural disaster in Vietnam. [Final Year Project Report / IMRAD] (Unpublished)
spellingShingle HC Economic History and Conditions
Kuy, Gui Jin
The macroeconomic consequences of natural disaster in Vietnam
title The macroeconomic consequences of natural disaster in Vietnam
title_full The macroeconomic consequences of natural disaster in Vietnam
title_fullStr The macroeconomic consequences of natural disaster in Vietnam
title_full_unstemmed The macroeconomic consequences of natural disaster in Vietnam
title_short The macroeconomic consequences of natural disaster in Vietnam
title_sort macroeconomic consequences of natural disaster in vietnam
topic HC Economic History and Conditions
url http://ir.unimas.my/id/eprint/9988/
http://ir.unimas.my/id/eprint/9988/8/The%20Macroeconomic%20Consequences%20of%20Natural%20Disasters%20In%20Vietnam%28fulltext%29.pdf