Pub Date : 2022-07-01DOI: 10.17576/jem-2022-5602-08
{"title":"The Effect of Parental Internal Migration on Children’s Education: Evidence from Indonesia","authors":"","doi":"10.17576/jem-2022-5602-08","DOIUrl":"https://doi.org/10.17576/jem-2022-5602-08","url":null,"abstract":"","PeriodicalId":35929,"journal":{"name":"Jurnal Ekonomi Malaysia","volume":"88 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80275179","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-01DOI: 10.17576/jem-2022-5602-4
{"title":"Kesan Perdagangan Antarabangsa terhadap Permintaan Pelancongan: Kes di Malaysia","authors":"","doi":"10.17576/jem-2022-5602-4","DOIUrl":"https://doi.org/10.17576/jem-2022-5602-4","url":null,"abstract":"","PeriodicalId":35929,"journal":{"name":"Jurnal Ekonomi Malaysia","volume":"89 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90599625","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-01DOI: 10.17576/jem-2022-5602-09
{"title":"The Transmission Mechanism of Monetary Policy via Bank’ Balance Sheet: An Empirical Study of Dual Banking System in Pakistan","authors":"","doi":"10.17576/jem-2022-5602-09","DOIUrl":"https://doi.org/10.17576/jem-2022-5602-09","url":null,"abstract":"","PeriodicalId":35929,"journal":{"name":"Jurnal Ekonomi Malaysia","volume":"4 1-2 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73100361","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-01DOI: 10.17576/jem-2021-5601-04
Mohd Adib Ismail
This study aims to examine the impact of palm oil prices on the growth of the agricultural sector. Using Malaysian quarterly data starting from Q1: 1992 to Q3: 2019, this study uses an autoregressive distributed lat approach. This findings show that palm oil price has a positive impact on the growth of the agricultural sector either in the long or short run. The study further found that there is a long run and short run relationship between agricultural sector output with palm oil price, consumer price index and real effective exchange rate. In the long run, palm oil prices and real effective exchange rate are positively and significantly related to agricultural sector output. However, the consumer price index is negatively and significantly correlated with the output of the agricultural sector. In the short run, all independent variables show a positive relationship with the dependent variable that is the output of the agricultural sector. The empirical findings of this study provide insights to policy makers on the positive impact of changes in palm oil prices on economic activity to ensure that all stakeholders in this sector benefit accordingly.
{"title":"Impak Harga Minyak Sawit terhadap Pertumbuhan Sektor Pertanian","authors":"Mohd Adib Ismail","doi":"10.17576/jem-2021-5601-04","DOIUrl":"https://doi.org/10.17576/jem-2021-5601-04","url":null,"abstract":"This study aims to examine the impact of palm oil prices on the growth of the agricultural sector. Using Malaysian quarterly data starting from Q1: 1992 to Q3: 2019, this study uses an autoregressive distributed lat approach. This findings show that palm oil price has a positive impact on the growth of the agricultural sector either in the long or short run. The study further found that there is a long run and short run relationship between agricultural sector output with palm oil price, consumer price index and real effective exchange rate. In the long run, palm oil prices and real effective exchange rate are positively and significantly related to agricultural sector output. However, the consumer price index is negatively and significantly correlated with the output of the agricultural sector. In the short run, all independent variables show a positive relationship with the dependent variable that is the output of the agricultural sector. The empirical findings of this study provide insights to policy makers on the positive impact of changes in palm oil prices on economic activity to ensure that all stakeholders in this sector benefit accordingly.","PeriodicalId":35929,"journal":{"name":"Jurnal Ekonomi Malaysia","volume":"19 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78096216","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-01DOI: 10.17576/jem-2022-5601-02
Perdagangan Teknologi Tinggi, Inovasi dan Pertumbuhan Ekonomi, Bukti dari Produk, Perdagangan Agregat, dan Disagregat, Fong Litt, L. Lam
This study evaluates the effect of high-technology trade on economic growth in an emerging economy, using quarterly data from 1990 until 2018. The role of innovation in moderating the high technology trade economic growth nexus also emphasize. The empirical findings based on the autoregressive distributed lag (ARDL) approach reveal that hightech trade, foreign direct investment and physical capital stock are statistically significant determinants of economic growth. The innovation must be presence to support or moderate the effect of high-tech industry on economic growth. Moving into subsector, the findings indicate that the development of machinery and transport equipment, mineral fuels and lubricants, manufactured goods and chemical sectors are crucial as the niche areas of focus for policy design and resource allocation. The results are robust using the fully modified ordinary least squares (FMOLS) estimation.
{"title":"High Technology Trade, Innovation and Economic Growth: Evidence from Aggregate and Disaggregate Trade Products","authors":"Perdagangan Teknologi Tinggi, Inovasi dan Pertumbuhan Ekonomi, Bukti dari Produk, Perdagangan Agregat, dan Disagregat, Fong Litt, L. Lam","doi":"10.17576/jem-2022-5601-02","DOIUrl":"https://doi.org/10.17576/jem-2022-5601-02","url":null,"abstract":"This study evaluates the effect of high-technology trade on economic growth in an emerging economy, using quarterly data from 1990 until 2018. The role of innovation in moderating the high technology trade economic growth nexus also emphasize. The empirical findings based on the autoregressive distributed lag (ARDL) approach reveal that hightech trade, foreign direct investment and physical capital stock are statistically significant determinants of economic growth. The innovation must be presence to support or moderate the effect of high-tech industry on economic growth. Moving into subsector, the findings indicate that the development of machinery and transport equipment, mineral fuels and lubricants, manufactured goods and chemical sectors are crucial as the niche areas of focus for policy design and resource allocation. The results are robust using the fully modified ordinary least squares (FMOLS) estimation.","PeriodicalId":35929,"journal":{"name":"Jurnal Ekonomi Malaysia","volume":"56 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74852311","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-01DOI: 10.17576/jem-2022-5601-08
{"title":"Maklumat COVID-19 Dan Persepsi Pengguna","authors":"","doi":"10.17576/jem-2022-5601-08","DOIUrl":"https://doi.org/10.17576/jem-2022-5601-08","url":null,"abstract":"","PeriodicalId":35929,"journal":{"name":"Jurnal Ekonomi Malaysia","volume":"10 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72474466","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-01DOI: 10.17576/jem-2022-5601-05
{"title":"Willingness to Pay for Renewable Energy: Evidence From High Wind and Wave Energy Potential Areas","authors":"","doi":"10.17576/jem-2022-5601-05","DOIUrl":"https://doi.org/10.17576/jem-2022-5601-05","url":null,"abstract":"","PeriodicalId":35929,"journal":{"name":"Jurnal Ekonomi Malaysia","volume":"21 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91215843","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-01DOI: 10.17576/jem-2022-5601-06
Kritikal Sistematik Terhadap, Tindak Balas Dasar, F. Said
This paper provides an up-to-date and comprehensive systematic literature review (SLR) of the existing research on long-term electricity decarbonization which is dominated by the global scenarios of Integrated Assessment Models. The aim is to synthesize and extend current understanding on the existing supply-side solutions and demand-side technological options despite the broader range of co-benefits and the latter’s lesser risk. We achieve this by adopting a two-step systematic literature review approach to analyse and review SLR datasets consisting of 103 empirical studies conducted in Asia, Europe, and North America countries in economics and environmental economics from 1994 to 2018 and published in Web of Science and Scopus indexed journals. We find that demand-side policy studies are predominantly carried out in Asia, Europe, and North America. The US contributes more than one-quarter of the studies reviewed, most of which were published after US withdrawal from the Paris Agreement. Three types of Demand-Side Management (DSM) are identified namely energy efficiency, energy conservation, and demand response policies. The corresponding policy instruments can be categorised into six basic categories. We further found that these instruments are not always implemented for emissions reduction. In addition, energy-saving is found to be the reason for DSM implementation. The findings suggest that demand-side solutions through policies need to be fully exploited to achieve carbon emission targets from the electricity sector or energy sector in general.
本文对以综合评估模型的全球情景为主导的长期电力脱碳研究进行了最新、全面的系统文献综述。其目的是综合和扩展目前对现有供应方解决方案和需求方技术选择的理解,尽管共同利益范围更广,后者的风险更小。为了实现这一目标,我们采用了两步系统文献综述方法,分析和回顾了1994年至2018年在亚洲、欧洲和北美国家进行的103项经济学和环境经济学实证研究的SLR数据集,并发表在Web of Science和Scopus索引期刊上。我们发现需求侧政策研究主要在亚洲、欧洲和北美进行。在被审查的研究中,美国贡献了四分之一以上,其中大多数是在美国退出《巴黎协定》后发表的。需求侧管理(DSM)有三种类型,即能源效率、能源节约和需求响应政策。相应的政策工具可分为六个基本类别。我们进一步发现,这些工具并不总是用于减排。此外,发现节能是实施DSM的原因。研究结果表明,需要通过政策充分利用需求侧解决方案,以实现电力部门或整个能源部门的碳排放目标。
{"title":"Decarbonizing the Global Electricity Sector through Demand-Side Management: A Systematic Critical Review of Policy Responses","authors":"Kritikal Sistematik Terhadap, Tindak Balas Dasar, F. Said","doi":"10.17576/jem-2022-5601-06","DOIUrl":"https://doi.org/10.17576/jem-2022-5601-06","url":null,"abstract":"This paper provides an up-to-date and comprehensive systematic literature review (SLR) of the existing research on long-term electricity decarbonization which is dominated by the global scenarios of Integrated Assessment Models. The aim is to synthesize and extend current understanding on the existing supply-side solutions and demand-side technological options despite the broader range of co-benefits and the latter’s lesser risk. We achieve this by adopting a two-step systematic literature review approach to analyse and review SLR datasets consisting of 103 empirical studies conducted in Asia, Europe, and North America countries in economics and environmental economics from 1994 to 2018 and published in Web of Science and Scopus indexed journals. We find that demand-side policy studies are predominantly carried out in Asia, Europe, and North America. The US contributes more than one-quarter of the studies reviewed, most of which were published after US withdrawal from the Paris Agreement. Three types of Demand-Side Management (DSM) are identified namely energy efficiency, energy conservation, and demand response policies. The corresponding policy instruments can be categorised into six basic categories. We further found that these instruments are not always implemented for emissions reduction. In addition, energy-saving is found to be the reason for DSM implementation. The findings suggest that demand-side solutions through policies need to be fully exploited to achieve carbon emission targets from the electricity sector or energy sector in general.","PeriodicalId":35929,"journal":{"name":"Jurnal Ekonomi Malaysia","volume":"19 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78910690","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-01DOI: 10.17576/jem-2022-5601-09
Transmisi Harga, Pembiayaan Minyak, Defisit dan Pembentukan, Modal, B. Okon, S. Aladejare
This study investigated the magnitude of the transmission effect from oil price, to deficit financing, and capital formation using the Generalised Method of Moment approach. Based on the Nigerian data, the findings reveals a significant but small inverse oil price transmission effect, through the oil revenue channel to deficit financing. This indicates that growth in public spending is currently pacing faster than government revenue, due to poor fiscal management. In contrast, the transmission effect from oil price, through the oil revenue and deficit financing channels, to capital formation is significantly positive but minute in magnitude. The weak response of capital formation to the transmission effect from oil price, is due to the increasing use of oil proceeds in funding government’s recurrent outlays over the years. Hence, channelling positive growth in oil prices, and repositioning the use of deficit financing to growing capital formation as against consumption demands, will increase diversification of government revenue base and investors’ confidence in the economy through growth in FDI inflows
{"title":"Oil Price Transmission, Deficit Financing and Capital Formation","authors":"Transmisi Harga, Pembiayaan Minyak, Defisit dan Pembentukan, Modal, B. Okon, S. Aladejare","doi":"10.17576/jem-2022-5601-09","DOIUrl":"https://doi.org/10.17576/jem-2022-5601-09","url":null,"abstract":"This study investigated the magnitude of the transmission effect from oil price, to deficit financing, and capital formation using the Generalised Method of Moment approach. Based on the Nigerian data, the findings reveals a significant but small inverse oil price transmission effect, through the oil revenue channel to deficit financing. This indicates that growth in public spending is currently pacing faster than government revenue, due to poor fiscal management. In contrast, the transmission effect from oil price, through the oil revenue and deficit financing channels, to capital formation is significantly positive but minute in magnitude. The weak response of capital formation to the transmission effect from oil price, is due to the increasing use of oil proceeds in funding government’s recurrent outlays over the years. Hence, channelling positive growth in oil prices, and repositioning the use of deficit financing to growing capital formation as against consumption demands, will increase diversification of government revenue base and investors’ confidence in the economy through growth in FDI inflows","PeriodicalId":35929,"journal":{"name":"Jurnal Ekonomi Malaysia","volume":"20 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89447234","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}