Record Details

Financial development and performance of palm oil industry in Malaysia

Economic Journal of Emerging Markets

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Title Financial development and performance of palm oil industry in Malaysia
 
Creator Mohd Amin, Syajarul Imna
Abdul-Rahman, Aisyah
Janor, Hawati
Mohd Asri, Abdullah Khairi
Muchtar, Darmawati
 
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Description The finance-growth nexus is gaining credence among researchers. Growing research interest in developing evidences for different economic sectors has ignited this study to examine the topic in agricultural sector for Malaysia. The analysis focuses on palm oil industry using data for the period 1981 to 2017 using the Autoregressive Distributed Lagged (ARDL-bounds) approach. Financial development measures financial depth, accessibility, efficiency, and stability. Other variables include production factors such as land, labour and capital. Findings/Originality: The findings show that the depth of financial market has positive impact on palm oil industry performance both in the short run and long run, though the depth of the financial institutions only take effect in the long run. Meanwhile the financial accessibility, efficiency and stability have no significant effect on the productivity of the industry. It implies that the equity market development is more relevant to affect the palm oil industry compared to credit market development.
 
Publisher Universitas Islam Indonesia
 
Contributor —
 
Date 2019-10-03
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Format application/pdf
 
Identifier https://journal.uii.ac.id/JEP/article/view/13516
10.20885/ejem.vol11.iss2.art2
 
Source Economic Journal of Emerging Markets; Volume 11 Issue 2, 2019; 135-151
2502-180X
2086-3128
 
Language eng
 
Relation https://journal.uii.ac.id/JEP/article/view/13516/9615
 
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Rights Copyright (c) 2019 Economic Journal of Emerging Markets
http://creativecommons.org/licenses/by-sa/4.0