IDEAS home Printed from https://ideas.repec.org/a/grg/01biss/v1y2010i1p212-225.html
   My bibliography  Save this article

Empirical Model For East Coast Of Peninsular Malaysia Household Expenditure

Author

Listed:
  • Noorhaslinda bt Kulub Abd. Rashid
  • Aslina bt Nasir
  • Nik Hashim Nik Mustapha

    (Universiti Malaysia Terengganu)

Abstract

Income and expenditure are the main aspects to be highlighted in nowadays situation as they contribute to the quality of life of the Malaysian society. In the Ninth Malaysia Plan for 2006-2010, poverty eradication is one of the socio-economic aspects that need to be emphasized in order to capture the target household of those who are in the poor groups. The objective of this paper is to identify the pattern of income and expenditure among the households’ of East Coast of Peninsular Malaysia during the current economic situation. Besides, it also tries to analyze the percentage of these household spending as a share of their income in fulfilling their needs. Lastly this paper is intended to identify factors contributing to the above scenarios. Snodgrass (1989) disclosed that about 75 percent of the household incomes were spent on food while finding by Dejuan (1999) and Cutler (2005) reported that there was a significant and strong relationship between income and wealth with household’s expenditure. Using primary data a system of simultaneously equations, namely the Two Stage Least Squares (2SLS) was applied. This paper will illustrate potential variables associated with the income and expenditure. Some of these variables that are stipulated to show high correlation with the total expenditure are the housing loan, automobile loan and educational expenditure

Suggested Citation

  • Noorhaslinda bt Kulub Abd. Rashid & Aslina bt Nasir & Nik Hashim Nik Mustapha, 2010. "Empirical Model For East Coast Of Peninsular Malaysia Household Expenditure," Journal of Global Business and Economics, Global Research Agency, vol. 1(1), pages 212-225, July.
    • Handle: RePEc:grg:01biss:v:1:y:2010:i:1:p:212-225
    as

    Download full text from publisher

    File URL: http://www.globalresearch.com.my/journal/business_v01n01/0014_abstract_PG212-225.pdf
    Download Restriction: no
    File URL: http://www.globalresearch.com.my/journal/business_v01n01/business_v01n01.htm
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    expenditure; income; Simultaneously Equation Method;
    All these keywords.

    JEL classification:

    • M - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:grg:01biss:v:1:y:2010:i:1:p:212-225. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: editor (email available below). General contact details of provider: http://www.globalresearch.com.my/journal.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.