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The Impact of China’s Investment on Malaysia | ||
| Interdisciplinary Journal of Management Studies (Formerly known as Iranian Journal of Management Studies) | ||
| مقاله 3، دوره 13، شماره 1، فروردین 2020، صفحه 51-68 اصل مقاله (450.36 K) | ||
| نوع مقاله: Research Paper | ||
| شناسه دیجیتال (DOI): 10.22059/ijms.2019.281304.673635 | ||
| نویسندگان | ||
| Noor Azryani Auzairy* ؛ Kevin Kek Wai Hin؛ Hui Xian Pang؛ Lee Teng Yong | ||
| Faculty of Economics & Management, University Kebangsaan Malaysia, Bangi Selangor, Malaysia | ||
| چکیده | ||
| China has been moving out from its country into other countries in the world, including Malaysia, with some positive and negative news. We are to examine the impact of China’s investment on our employment, price level and productivity as well as sectoral stock market performances: consumer products and services; construction and industrial sectors. The causality analyses on quarterly data from 2008 to 2018 show some significant positive and negative impact of China’s investment on Malaysia. China’s investment contributes to the growth of consumer product and service sector stock market and lower production price level. On the other hand, construction and industrial sectoral indices exhibit negative performances. There is no significant impact on productivity and employability. Despite of having relatively small contribution impact from China, the long-run cointegration exhibits that the variables are moving together over time. Thus, monitoring the inflows of the FDI is crucial. | ||
| کلیدواژهها | ||
| China؛ Foreign direct investment؛ Malaysia؛ Unemployment؛ Stock market | ||
| مراجع | ||
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