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An Analysis of Factors that Affecting the Number of Car Sales in Malaysia

Author

Listed:
  • Rabiul Islam

    (School of International Studies, College of Law, Government, and International Studies, University Utara Malaysia, 06010 UUM, Sintok, Kedah, Malaysia)

  • Ahmad Bashawir Abdul Ghani

    (School of International Studies, College of Law, Government, and International Studies, University Utara Malaysia, 06010 UUM, Sintok, Kedah, Malaysia)

  • Bobby Kusuma

    (School of International Studies, College of Law, Government, and International Studies, University Utara Malaysia, 06010 UUM, Sintok, Kedah, Malaysia,)

  • Eric Teh Yew Hong

    (Department of Economics, University Utara Malaysia, 06010 UUM, Sintok, Kedah, Malaysia.)

Abstract

This study investigates the relationship between macroeconomic variables and number of car sales in Malaysia. The main objective is to determine the factors that affecting the number of car sales in Malaysia. This research covers the time period from 1985 to 2014. The analysis methods that have been applied in this study include descriptive statistics, multiple regression statistics and correlation analysis. The findings shows that gross domestic product has positive relationship with the number of car sales in Malaysia, while interest rate, unemployment rate and inflation rate have negative relationship with the number of car sales in Malaysia. The findings were consistent with the previous findings done by other researcher

Suggested Citation

  • Rabiul Islam & Ahmad Bashawir Abdul Ghani & Bobby Kusuma & Eric Teh Yew Hong, 2016. "An Analysis of Factors that Affecting the Number of Car Sales in Malaysia," International Review of Management and Marketing, Econjournals, vol. 6(4), pages 872-882.
    • Handle: RePEc:eco:journ3:2016-04-29
    as

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    References listed on IDEAS

    as
    1. Fidlizan Muhammad & Mohd Yahya Mohd Hussin & Azila Abdul Razak & Norimah Rambeli & Gan Pei Tha, 2013. "The Relationship between Macroeconomic Variables and Passenger Vehicle Sales in Malaysia," Business and Economic Research, Macrothink Institute, vol. 3(2), pages 115-126, December.
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    3. Jacky Mallett & Charles Keen, 2012. "Does GDP measure growth in the economy or simply growth in the money supply?," Papers 1208.0642, arXiv.org.
    4. Dargay, Joyce M, 2001. "The effect of income on car ownership: evidence of asymmetry," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(9), pages 807-821, November.
    5. Eastwood, David B & Anderson, Robert C, 1976. "Consumer Credit and Consumer Demand for Automobiles," Journal of Finance, American Finance Association, vol. 31(1), pages 113-123, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Car Sale; Gross Domestic Product; Interest Rate; Unemployment Rate; Inflation Rate;
    All these keywords.

    JEL classification:

    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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