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An Analysis Of The Industrial Development Potential Of Malaysia: A Shift-Share Approach
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Titel: |
An Analysis Of The Industrial Development Potential Of Malaysia: A Shift-Share Approach |
In: | Journal of Business & Economics Research (JBER), 7, 2011, 5 |
veröffentlicht: |
Clute Institute
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ISSN: |
1542-4448 2157-8893 |
DOI: | 10.19030/jber.v7i5.2289 |
Zusammenfassung: | <jats:p><p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt;"><span style="color: black; font-size: 10pt; mso-themecolor: text1;"><span style="font-family: Times New Roman;">The economy of Malaysia is diverse and the country is often referred to as a model of economic growth. As a young country, under able leadership and with a stable government, Malaysia soon established itself as a high growth economy of the world. The East Coast Economic Region (ECER) of Malaysia consisting of the provinces of Kelantan, Terengannu, Pahang and northern Johar has a different economic base and a unique industrial mix than other regions of the country. In addition to a plentiful endowment of natural resources, Malaysia has diversified its economy with a significant manufacturing component of high technology industries, medical technology and pharmaceuticals. The ECER in Peninsular Malaysia is rich in agricultural resources, rubber and fisheries. Additionally, tourism can be a rich contributor to the region&rsquo;s economic growth. The objective of this paper is to develop a Shift-Share model for analyzing the unique industrial mix of the ECER and its local competitiveness potential for economic development. The results thus obtained may shed a useful light on the potential of different economic sectors, with significant policy implications towards accelerating the economic growth of the ECER.<span style="mso-spacerun: yes;">&nbsp; </span></span></span></p></jats:p> |
Format: | E-Article |
Quelle: | Clute Institute (CrossRef) |
Sprache: | Unbestimmt |