Malaysian Natural Rubber Market Model

This study is an attempt to formulate a simultaneous equations model of the Malaysian natural rubber market. The regression results suggest that the model is quite satisfactory in terms of correct signs, high R 2, and significance of variables concerned. A simulation exercise was done to ascertain...

Full description

Bibliographic Details
Main Author: Yusof, Mohammed
Format: Article
Language:English
English
Published: 1988
Online Access:http://psasir.upm.edu.my/id/eprint/2629/
http://psasir.upm.edu.my/id/eprint/2629/1/Malaysian_Natural_Rubber_Market_Model.pdf
_version_ 1848839300638048256
author Yusof, Mohammed
author_facet Yusof, Mohammed
author_sort Yusof, Mohammed
building UPM Institutional Repository
collection Online Access
description This study is an attempt to formulate a simultaneous equations model of the Malaysian natural rubber market. The regression results suggest that the model is quite satisfactory in terms of correct signs, high R 2, and significance of variables concerned. A simulation exercise was done to ascertain the adequacy of the model in tracking the actual values. It was found that, in general, the model has the ability to trace, at least, the directions of the movements of certain selected endogenous variables. The model developed here could be used to forecast the effect of a change in an endogenous variable, such as export duty, exchange rates, or recession on endogenous variables.
first_indexed 2025-11-15T07:09:16Z
format Article
id upm-2629
institution Universiti Putra Malaysia
institution_category Local University
language English
English
last_indexed 2025-11-15T07:09:16Z
publishDate 1988
recordtype eprints
repository_type Digital Repository
spelling upm-26292013-05-27T07:02:23Z http://psasir.upm.edu.my/id/eprint/2629/ Malaysian Natural Rubber Market Model Yusof, Mohammed This study is an attempt to formulate a simultaneous equations model of the Malaysian natural rubber market. The regression results suggest that the model is quite satisfactory in terms of correct signs, high R 2, and significance of variables concerned. A simulation exercise was done to ascertain the adequacy of the model in tracking the actual values. It was found that, in general, the model has the ability to trace, at least, the directions of the movements of certain selected endogenous variables. The model developed here could be used to forecast the effect of a change in an endogenous variable, such as export duty, exchange rates, or recession on endogenous variables. 1988 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/2629/1/Malaysian_Natural_Rubber_Market_Model.pdf Yusof, Mohammed (1988) Malaysian Natural Rubber Market Model. Pertanika, 11 (3). pp. 441-449. English
spellingShingle Yusof, Mohammed
Malaysian Natural Rubber Market Model
title Malaysian Natural Rubber Market Model
title_full Malaysian Natural Rubber Market Model
title_fullStr Malaysian Natural Rubber Market Model
title_full_unstemmed Malaysian Natural Rubber Market Model
title_short Malaysian Natural Rubber Market Model
title_sort malaysian natural rubber market model
url http://psasir.upm.edu.my/id/eprint/2629/
http://psasir.upm.edu.my/id/eprint/2629/1/Malaysian_Natural_Rubber_Market_Model.pdf