Malaysian Journal of Economic Studies最新文献_第2页

Book Review: A Brief History of Equality 书评：平等简史

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Malaysian Journal of Economic Studies Pub Date : 2022-12-26 DOI: 10.22452/mjes.vol59no2.8

V. Selvaratnam

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Exchange Rate Risk Premium in Vietnam 越南的汇率风险溢价

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Malaysian Journal of Economic Studies Pub Date : 2022-12-26 DOI: 10.22452/mjes.vol59no2.7

L. Hung

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Investigating the Relationship between Remittances, Institutional Quality, and Labour Supply in India 调查汇款、制度质量和印度劳动力供给之间的关系

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Malaysian Journal of Economic Studies Pub Date : 2022-12-26 DOI: 10.22452/mjes.vol59no2.6

Motha Namita, Sharon G. M. Koh, A. K. L. Siah

{"title":"Investigating the Relationship between Remittances, Institutional Quality, and Labour Supply in India","authors":"Motha Namita, Sharon G. M. Koh, A. K. L. Siah","doi":"10.22452/mjes.vol59no2.6","DOIUrl":"https://doi.org/10.22452/mjes.vol59no2.6","url":null,"abstract":"India is one of the world’s top remittance recipient countries. However, there is an ongoing debate on whether workers’ remittances serve as a ‘political curse or cure.’ Additionally, remittances influence the domestic labour supply left behind by migrant workers. Our study aims to utilise the ARDL bounds test and Granger causality to examine the long-run and short-run relationship between remittances, institutional quality, and labour supply from 1990 to 2018 in India. The results from the ARDL bounds test indicate a cointegrating relationship when institutional quality is treated as the dependent variable. The Granger causality test further supports unidirectional causality from remittances and labour supply to institutional quality in India. In the short run, findings indicate bidirectional causality between remittances and labour supply. The study contributes to the literature by constructing a composite index for a more accurate measure of institutional quality. Furthermore, the study includes relevant break dates as dummy variables, as it allows for country-specific structural breaks to be considered. Contrary to prior studies, we find no evidence of a public moral hazard problem created by India’s remittances. We argue that inbound remittances improve the well-being of recipients and pressure policymakers for more political accountability and better governance.","PeriodicalId":42743,"journal":{"name":"Malaysian Journal of Economic Studies","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44221596","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}

引用次数: 0

Exploring Preference Heterogeneity and Willingness to Pay for Tourist Facility Attributes in Kenyir Lake, Malaysia 马来西亚肯伊尔湖旅游设施属性偏好异质性与付费意愿探究

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Malaysian Journal of Economic Studies Pub Date : 2022-12-26 DOI: 10.22452/mjes.vol59no2.4

W. M. Wan Norhidayah, Md. Tareq, S. Zaiton, Hasan-Basri Bakti

{"title":"Exploring Preference Heterogeneity and Willingness to Pay for Tourist Facility Attributes in Kenyir Lake, Malaysia","authors":"W. M. Wan Norhidayah, Md. Tareq, S. Zaiton, Hasan-Basri Bakti","doi":"10.22452/mjes.vol59no2.4","DOIUrl":"https://doi.org/10.22452/mjes.vol59no2.4","url":null,"abstract":"Natural environments with great recreational value can potentially support tourism, conserve natural areas and prevent environmental damage. However, visiting recreational destinations depends on several motivations related to visitors’ preferences. Therefore, this study aims to identify the heterogeneity of Kenyir Lake, Malaysia, visitors’ preferences and their willingness to pay (WTP) for tourist facility attributes. The choice experiment method has been widely used for economic valuation, and the latent class model can capture the heterogeneity of preferences by characterising respondents in various groups of preferences. The outcome of this study revealed heterogeneous preferences in two classes. The first class represented 91.3% and the second class represented 8.7% of respondents. Moreover, this study’s respondents showed positive WTP values for most attributes. However, the most preferred attribute was superior toilet service, with a WTP estimation of RM7.63 in Class 1. While in Class 2, the most preferred attribute was new jetty construction with a WTP estimation of RM1.99. The findings of this study can assist policymakers in implementing more effective policies as it has provided detailed information about visitors’ preferences for tourist facility attributes in Malaysia.","PeriodicalId":42743,"journal":{"name":"Malaysian Journal of Economic Studies","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45704049","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}

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Reactions of Long-run Private Consumption in Malaysia to Crises, Economic Leadership and Telecommunication Technology 马来西亚长期私人消费对危机、经济领导和电信技术的反应

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Malaysian Journal of Economic Studies Pub Date : 2022-12-26 DOI: 10.22452/mjes.vol59no2.3

C. Tang, Yunhee Lim

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Financial Literacy in Malaysia, 2015–2018 马来西亚金融素养，2015-2018

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Malaysian Journal of Economic Studies Pub Date : 2022-12-26 DOI: 10.22452/mjes.vol59no2.1

Y. Loke, Phaik Nie Chin, Fazelina Sahul Hamid

{"title":"Financial Literacy in Malaysia, 2015–2018","authors":"Y. Loke, Phaik Nie Chin, Fazelina Sahul Hamid","doi":"10.22452/mjes.vol59no2.1","DOIUrl":"https://doi.org/10.22452/mjes.vol59no2.1","url":null,"abstract":"This paper provides an overview of the state of financial literacy of Malaysians using data from the OECD (INFE) Financial Literacy Survey conducted in year 2015 and 2018. Besides the three components of financial literacy, namely, financial knowledge, financial attitude and financial behaviour, this paper also analyses the financial vulnerability of individuals. The effects of socio-demographic factors excluding gender are significant in determining financial literacy levels. Generally, Malaysians do not think that they have high financial knowledge, and the objective financial knowledge assessment reflects this as less than 40% of the respondents meet the minimum financial knowledge target score. There are no significant differences in the level of financial knowledge between 2015 and 2018 but financial attitude towards money usage worsened in 2018 compared to 2015. However, in terms of financial behaviour, Malaysians are generally active savers, set long-term financial goals, make considered and informed purchases, and keep a close watch on their personal affairs. Malaysians are financially vulnerable, but they seem more prepared in weathering the storm and having financial cushions for emergencies in 2018 compared to 2015. The findings suggest more effort is needed in educating Malaysians on fundamental financial concepts and ways to enhance their financial cushion.","PeriodicalId":42743,"journal":{"name":"Malaysian Journal of Economic Studies","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46305470","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}

引用次数: 1

Determinants of Using Ride-Hailing Service: Evidence from Malaysia 使用叫车服务的决定因素：来自马来西亚的证据

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Malaysian Journal of Economic Studies Pub Date : 2022-06-14 DOI: 10.22452/mjes.vol59no1.2

E. Lim, Jacqueline Liza Fernandez

{"title":"Determinants of Using Ride-Hailing Service: Evidence from Malaysia","authors":"E. Lim, Jacqueline Liza Fernandez","doi":"10.22452/mjes.vol59no1.2","DOIUrl":"https://doi.org/10.22452/mjes.vol59no1.2","url":null,"abstract":"With the entrance of Uber into the land transportation industry, ride-hailing service has gained popularity and changed the way people travel in urban areas in Malaysia. Despite the growing popularity of this new mode of cab service, studies about factors influencing consumers’ choice to use ride-hailing service are limited in developing countries. This study used primary data collected via a survey in Penang, Malaysia. This study aims to examine the factors affecting consumers’ decision to utilise ride-hailing service. The novelty of this study is the adoption of a Heckman probit selection model to account for the possibility of sample selection bias and the introduction of an important explanatory variable - consumers’ comparative satisfaction with the attributes of ride-hailing and traditional taxi service that affect consumers’ choice of cab service. The results show age, gender, education, marital status, income, cost considerations and vehicle ownership significantly determine the probability of using cab service. Consumers’ choice between ride-hailing and traditional taxi service is affected by gender and their comparative rating of both services in terms of waiting time and the disposition of drivers. This suggests the necessity for cab service providers to improve their service in order to remain competitive in the industry.","PeriodicalId":42743,"journal":{"name":"Malaysian Journal of Economic Studies","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44657865","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}

引用次数: 0

More than Tea - Environmental Decay, Administrative Isolation and the Struggle for Identity in Darjeeling 茶之外——环境衰退、行政孤立与大吉岭的身份斗争

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Malaysian Journal of Economic Studies Pub Date : 2022-06-14 DOI: 10.22452/mjes.vol59no1.6

Ren Yu, Qianyi Wang, K. Cheong

{"title":"More than Tea - Environmental Decay, Administrative Isolation and the Struggle for Identity in Darjeeling","authors":"Ren Yu, Qianyi Wang, K. Cheong","doi":"10.22452/mjes.vol59no1.6","DOIUrl":"https://doi.org/10.22452/mjes.vol59no1.6","url":null,"abstract":"The victim of both geographical, historical and administrative isolation, Darjeeling owed its growth to tea cultivation in the hills by migrants from neighbouring Nepal collectively called Gorkhas. Their contributions notwithstanding, they felt discriminated by West Bengal’s residents to whose state they were administratively attached. Poverty and poor working conditions, with no voice in the tea estates, and poorly maintained infrastructure that brought frequent landslides have fuelled demands for “Gorkhaland”, a homeland separate from West Bengal, where the distinctiveness of their identity and their role as Indian citizens would be fully recognised. It did not help that the Darjeeling district had been administratively detached from the political mainstream. Periodic agitations against the state government have weakened local institutions, disrupted the local economy impacting adversely tea production and tourism on which the local economy and the Gorkhas depend. The West Bengal government had partly recognised Gorkha demands by establishing the Darjeeling Gorkha Hill Council and the Gorkhaland Territorial Administration (GTA) each vested with limited autonomy. But disagreements on autonomy have left the Gorkhaland issue unresolved. In the meantime, Darjeeling continues to experience gradual decay, absent adequate support from the West Bengal government and from Darjeeling’s local government, including the GTA itself.","PeriodicalId":42743,"journal":{"name":"Malaysian Journal of Economic Studies","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45581106","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}

引用次数: 0

Environmental, Social and Governance Performance: Continuous Improvement Matters 环境、社会及管治表现:持续改善事宜

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Malaysian Journal of Economic Studies Pub Date : 2022-06-14 DOI: 10.22452/mjes.vol59no1.3

W. Wong, A. H. Ahmad, Shamsul Bahrain Mohamed-Arshad, Sabariah Nordin, A. Abdul Adzis

引用次数: 1

Foreign Assets Management and Capital Expenditure: Firm-Level Evidence from 45 Emerging Market Economies 外国资产管理和资本支出:来自45个新兴市场经济体的企业层面证据

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Malaysian Journal of Economic Studies Pub Date : 2022-06-14 DOI: 10.22452/mjes.vol59no1.5

Chokri Zehri

引用次数: 0