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The contribution of economic sectors to economic growth: The cases of Malaysia and China


Hussin, Fauzi (2013) The contribution of economic sectors to economic growth: The cases of Malaysia and China. International Journal of Academic Research in Economics and Management Sciences, 2 (2). pp. 36-48. ISSN 2226-3624

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Abstract

Malaysia and China have recently achieved spectacular economic growth where GDP percapita growth rapidly in both countries.Thus, this study examines the contribution of economic sectors to economic growth in Malaysia and China by using time series data from year 1978 until 2007.There are three economic sectors that will be analyzed, which are agricultural sector, manufacturing sector and service sector.Augmented Dickey Fuller (ADF) unit root test is used in this study and it showed that the time series data are stationary at the first differences.Then, correlation analysis indicated that agriculture sector, manufacturing sector and service sector had positive relationship with GDP per capita in Malaysia and China.In addition, results of model multiple regressions showed that services sector generated the highest contribution to Malaysia's economic growth while manufacturing sector provided the biggest contribution to China's econimic growth.

Item Type: Article
Uncontrolled Keywords: China; Malaysia; economic growth; economic sectors
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: College of Arts and Sciences
Depositing User: Dr. Fauzi Hussin
Date Deposited: 08 Apr 2015 02:48
Last Modified: 08 Apr 2015 02:54
URI: http://repo.uum.edu.my/id/eprint/13691

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