CAUSAL EFFECTS OF HEALTH, EMPLOYMENT AND UNEMPLOYMENT: EVIDENCE FROM MALAYSIA

Lai, Li Shan (2022) CAUSAL EFFECTS OF HEALTH, EMPLOYMENT AND UNEMPLOYMENT: EVIDENCE FROM MALAYSIA. [Final Year Project Report] (Unpublished)

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Abstract

This study examines the causal effect of employment, unemployment, and health in Malaysia for the period of 1990 to 2020. The variables that analysed in this study are employment, unemployment, GDP per person employed and mortality rate in Malaysia. This study applied ADF and PP unit root test, Johansen cointegration test and VECM Granger causality test to investigate the relationship between variables. According to Johansen cointegration test, the results show that there is an existence of long-run relationship between employment, unemployment, GDP per person employed, and mortality rate in Malaysia. Besides, based on the VECM Granger causality test, there is a unidirectional causality running from unemployment to mortality rate and from GDP per person employed to mortality rate in Malaysia. However, in the long run, no variables are Granger cause mortality rate in Malaysia. The study suggests that policy makers in Malaysia should improve its social welfare system and enhance the education and training system in order to reduce unemployment rate and promote well-being of the society.

Item Type: Final Year Project Report
Additional Information: Project Report (B.Sc.) -- Universiti Malaysia Sarawak, 2022.
Uncontrolled Keywords: Causal effect of employment, unemployment, health
Subjects: H Social Sciences > HB Economic Theory
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Depositing User: Unai
Date Deposited: 19 Sep 2022 08:12
Last Modified: 19 Sep 2022 08:12
URI: http://ir.unimas.my/id/eprint/39829

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