MACROECONOMIC INDICATORS FOR ELECTRICAL CONSUMPTION DEMAND MODEL IN MALAYSIA

Macroeconomic Variables and the Demand for Life Insurance in Malaysia

Economic environments have a profound effect on the growth of the insurance industry. History has shown that, although the performance of the insurance industry is closely linked to economic conditions, the life business has been able to survive in different economic environments. In Malaysia, the performance of the insurance industry in 1998 was affected by an economic downturn. The insurance ...

Demand analysis of tobacco consumption in Malaysia.

We estimated the price and income elasticity of cigarette demand and the impact of cigarette taxes on cigarette demand and cigarette tax revenue in Malaysia. The data on cigarette consumption, cigarette prices, and public policies between 1990 and 2004 were subjected to a time-series regression analysis applying the error-correction model. The preferred cigarette demand model specification resu...

Iranian Tourism Demand for Malaysia: A Bound Test Approach

This paper investigate Iranian tourism demand to Malaysia using the recently developed autoregressive distributed lag (ARDL) ‘Bound test’ approach to cointegration for 2000:Q1 to 2013:Q4. The demand for tourism has been explained by macroeconomic variables, including income in Iran, tourism prices in Malaysia, tourism price substitute, travel cost and trade value between Iran and Malaysia. In a...

Innovation and Consumption Inequality in an Agent Based Macroeconomic Model

This paper explores the relationship between product innovation and consumption inequality. We employ a modified version of the agent-based macroeconomic model in Georges (2011, 2015). A rise in rents accruing to salaried workers can shift both production and R&D spending toward products consumed by that class of worker. The increase in income inequality will then have a magnified impact on con...

Dynamic Panel Data Analysis Of European Tourism Demand In Malaysia