Correlation between inflation rate and employment with gross demostic product / Alias Teh Sofia

Alias, Teh Sofia (2010) Correlation between inflation rate and employment with gross demostic product / Alias Teh Sofia. Student Project. Faculty of Business and Management, Dungun, Terengganu. (Unpublished)

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Abstract

This paper attempts to study the correlation exist between inflation rate and employment with gross domestic product. The variables were selected based on relevant economic theories that allow for the interaction among inflation rate and total employment in addition to response to gross domestic product. In order to achieve this objective, the Vector Error Corrected Model (VECM) is employed to determine the relationship between the variables selected in the long run. As a result, the researcher found that inflation rate is not affect the gross domestic product in the long run but employment has negative relation with gross domestic product. Besides that, Granger Causality is applied to test the causality between the variables. The findings revealed that both of independent variables have uni- directional with gross domestic product in the short run.

Item Type: Monograph (Student Project)
Creators:
CreatorsEmail
Alias, Teh SofiaUNSPECIFIED
Subjects: H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management
H Social Sciences > HG Finance > Money > Money and prices. Inflation. Deflation. Purchasing power
Divisions: Universiti Teknologi MARA, Terengganu > Dungun Campus > Faculty of Business and Management_T
Item ID: 19172
Uncontrolled Keywords: Inflation rate; Employment; Gross demostic product
Last Modified: 18 Dec 2018 07:18
Depositing User: Perpustakaan Cendekiawan UiTM Cawangan Terengganu
URI: http://ir.uitm.edu.my/id/eprint/19172

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