The impact of macroeconomic variables towards economic growth in Malaysia
International Journal of Development Research
The impact of macroeconomic variables towards economic growth in Malaysia
Received 30th November, 2018; Received in revised form 26th December, 2018; Accepted 20th January, 2019; Published online 28th February, 2019
Copyright © 2019, NorAziah Abd Kadir et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Macroeconomic variables are the main indicators signalling the current trends in the economy and influence the economic growth. Some of the variables are moving significantly with the economics theory while others are not. Thus, this study tries to analyse empirically how these variables influencethe economic growth in Malaysia. The data was taken annually from 1987 to 2017.Regression was run on the variables and the result shows that economic growth is positively affected inflation and population while unemployment and interest rate in the sample period have negative impacts on economic growth.
