Macroeconomic dataset for generating macroeconomic volatility among selected countries in the Asia Pacific region

This data article provides macroeconomic data that can be used to generate macroeconomic volatility. The data cover a sample of seven selected countries in the Asia Pacific region for the period 2004–2014, including both developing and developed countries. This dataset was generated to enhance our u...

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Main Authors: Chow, Yee Peng, Muhammad, Junaina, Amin Noordin, Bany Ariffin, Cheng, Fan Fah
Format: Article
Language:English
Published: Elsevier 2018
Online Access:http://psasir.upm.edu.my/id/eprint/74871/
http://psasir.upm.edu.my/id/eprint/74871/1/Macroeconomic%20dataset%20for%20generating.pdf
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author Chow, Yee Peng
Muhammad, Junaina
Amin Noordin, Bany Ariffin
Cheng, Fan Fah
author_facet Chow, Yee Peng
Muhammad, Junaina
Amin Noordin, Bany Ariffin
Cheng, Fan Fah
author_sort Chow, Yee Peng
building UPM Institutional Repository
collection Online Access
description This data article provides macroeconomic data that can be used to generate macroeconomic volatility. The data cover a sample of seven selected countries in the Asia Pacific region for the period 2004–2014, including both developing and developed countries. This dataset was generated to enhance our understanding of the sources of macroeconomic volatility affecting the countries in this region. Although the Asia Pacific region continues to remain as the most dynamic part of the world's economy, it is not spared from various sources of macroeconomic volatility through the decades. The reported data cover 15 types of macroeconomic data series, representing three broad categories of indicators that can be used to proxy macroeconomic volatility. They are indicators that account for macroeconomic volatility (i.e. volatility as a macroeconomic outcome), domestic sources of macroeconomic volatility and external sources of macroeconomic volatility. In particular, the selected countries are Malaysia, Thailand, Indonesia and Philippines, which are regarded as developing countries, while Singapore, Japan and Australia are developed countries. Despite the differences in level of economic development, these countries were affected by similar sources of macroeconomic volatility such as the Asian Financial Crisis and the Global Financial Crisis. These countries were also affected by other similar external turbulence arising from factors such as the global economic slowdown, geopolitical risks in the Middle East and volatile commodity prices. Nonetheless, there were also sources of macroeconomic volatility which were peculiar to certain countries only. These were generally domestic sources of volatility such as political instability (for Thailand, Indonesia and Philippines), natural disasters and anomalous weather conditions (for Thailand, Indonesia, Philippines, Japan and Australia) and over-dependence on the electronic sector (for Singapore).
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spelling upm-748712019-12-05T01:25:28Z http://psasir.upm.edu.my/id/eprint/74871/ Macroeconomic dataset for generating macroeconomic volatility among selected countries in the Asia Pacific region Chow, Yee Peng Muhammad, Junaina Amin Noordin, Bany Ariffin Cheng, Fan Fah This data article provides macroeconomic data that can be used to generate macroeconomic volatility. The data cover a sample of seven selected countries in the Asia Pacific region for the period 2004–2014, including both developing and developed countries. This dataset was generated to enhance our understanding of the sources of macroeconomic volatility affecting the countries in this region. Although the Asia Pacific region continues to remain as the most dynamic part of the world's economy, it is not spared from various sources of macroeconomic volatility through the decades. The reported data cover 15 types of macroeconomic data series, representing three broad categories of indicators that can be used to proxy macroeconomic volatility. They are indicators that account for macroeconomic volatility (i.e. volatility as a macroeconomic outcome), domestic sources of macroeconomic volatility and external sources of macroeconomic volatility. In particular, the selected countries are Malaysia, Thailand, Indonesia and Philippines, which are regarded as developing countries, while Singapore, Japan and Australia are developed countries. Despite the differences in level of economic development, these countries were affected by similar sources of macroeconomic volatility such as the Asian Financial Crisis and the Global Financial Crisis. These countries were also affected by other similar external turbulence arising from factors such as the global economic slowdown, geopolitical risks in the Middle East and volatile commodity prices. Nonetheless, there were also sources of macroeconomic volatility which were peculiar to certain countries only. These were generally domestic sources of volatility such as political instability (for Thailand, Indonesia and Philippines), natural disasters and anomalous weather conditions (for Thailand, Indonesia, Philippines, Japan and Australia) and over-dependence on the electronic sector (for Singapore). Elsevier 2018-02 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/74871/1/Macroeconomic%20dataset%20for%20generating.pdf Chow, Yee Peng and Muhammad, Junaina and Amin Noordin, Bany Ariffin and Cheng, Fan Fah (2018) Macroeconomic dataset for generating macroeconomic volatility among selected countries in the Asia Pacific region. Data in Brief, 16. 23 - 28. ISSN 2352-3409 https://www.sciencedirect.com/science/article/pii/S235234091730611X 10.1016/j.dib.2017.11.015
spellingShingle Chow, Yee Peng
Muhammad, Junaina
Amin Noordin, Bany Ariffin
Cheng, Fan Fah
Macroeconomic dataset for generating macroeconomic volatility among selected countries in the Asia Pacific region
title Macroeconomic dataset for generating macroeconomic volatility among selected countries in the Asia Pacific region
title_full Macroeconomic dataset for generating macroeconomic volatility among selected countries in the Asia Pacific region
title_fullStr Macroeconomic dataset for generating macroeconomic volatility among selected countries in the Asia Pacific region
title_full_unstemmed Macroeconomic dataset for generating macroeconomic volatility among selected countries in the Asia Pacific region
title_short Macroeconomic dataset for generating macroeconomic volatility among selected countries in the Asia Pacific region
title_sort macroeconomic dataset for generating macroeconomic volatility among selected countries in the asia pacific region
url http://psasir.upm.edu.my/id/eprint/74871/
http://psasir.upm.edu.my/id/eprint/74871/
http://psasir.upm.edu.my/id/eprint/74871/
http://psasir.upm.edu.my/id/eprint/74871/1/Macroeconomic%20dataset%20for%20generating.pdf