Testing for Convergence and Catching-Up for Kedah with the Rest of the States in Malaysia: A Panel Unit Root Test Analysis

Muzafar Shah, Habibullah and Dayang-Affizzah, A.M. and Lim, Kian-Ping and Puah, Chin Hong (2009) Testing for Convergence and Catching-Up for Kedah with the Rest of the States in Malaysia: A Panel Unit Root Test Analysis. The IUP Journal of Applied Finance, 15 (3). pp. 1-12. ISSN 0972-5105

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Abstract

In Malaysia, the issue of economic convergence is much debated. Despite various Malaysia Development Plans for the past three decades, regional disparity among states persists. Therefore, the objective of the present paper is to address the question whether the state of Kedah has been converging, catching up or falling behind other states in Malaysia. The panel unit root test results, obtained using the annual data for the period 1961-2003, suggest that the state of Kedah has been catching-up with other states. In this respect, the local government has an important role to play in enhancing the growth by continuously providing stable economic environment for investment and other productive economic activities

Item Type: E-Article
Uncontrolled Keywords: Applied Finance Journal, Malaysia Development Plans, Malaysia's Economic Growth, ASEAN Nations, Gross Domestic Product, GDP, Augmented Dickey-Fuller, ADF, Research and Development, R&D, Time Series Methods, Economic Policy Research, Economic Growth and Development, Convergence Hypothesis, Stochastic Convergence, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak
Subjects: H Social Sciences > HB Economic Theory
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Depositing User: ROSSAZANA AB RAHIM
Date Deposited: 01 Nov 2017 06:36
Last Modified: 01 Nov 2017 06:36
URI: http://ir.unimas.my/id/eprint/18361

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