Economics, Econometrics and Finance
4 months ago

Oil prices in Malaysia directly impact economy sectors, reshaping policy decisions.

1 view
Labuan Bulletin of International Business and Finance (LBIBF)
The Effect of Oil Price in Malaysia Economy Sectors
Chia Yee Ee, Alesia Sigang Gugkang, Noor Hassanah Husin

Paper Summary

The study looked at how oil prices affect different sectors of Malaysia's economy from 1980 to 2014. They found that there is a long-term relationship between oil prices and the agriculture, manufacturing, and services sectors. Oil prices can impact sectoral output in the short term. This information can help policymakers make better economic decisions related to oil prices in Malaysia.

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