This study is to investigate the impact of macroeconomic variables such as Population, Gross Domestic Product, Inflation Rate, Unemployment Rate, Import and Export towards Tax Revenue in Malaysia. The study use a time series data for over the period of 1976 to 2015. The data then will be analyse using E-Views 12. Augmented-Dickey Fuller (ADF) & Philips Perron (PP) Unit Root Test, Johansen-Juselius Cointegration Analysis and Granger Causality Test (VECM) were used to run the data. The findings reveal that macroeconomic variables such as inflation and export have a positive impact towards tax revenue. However, import and unemployment have a negative impact towards tax revenue. The study recommends government and policy makers shall take appropriate steps to improve on fiscal and monetary policies.
This paper intends to explore the causality effect between Growth Domestic Product (GDP), population and unemployment in Malaysia. Based on the observation of Malaysia’s historical data, there is a distinct movement in each of these individual macroeconomics components over the years. Past literature within the same area has illustrated various patterns on the possibility of a causal relationship that each variable has on one another. Several stages of analysis are conducted to verify the presence of causality effect from Malaysian economic perspective, which includes unit root test that employs the Augmented Dickey Fuller (ADF), Phillips-Perron (PP) and Kwiatkowski-Phillips-Schmidt-Shin (KPSS) procedures, followed by Johansen and Juselius test of cointegration and Granger-causality test based on Vector Error Correction Model (VECM) using E-views software. Each procedure is conducted using Malaysia’s time series data for each of the three elements from 1980 to 2013 obtained from Malaysia’s Department of Statistics. Our findings revealed that there is one cointegration detected for the tested variables; whereas the results indicate that population can Granger cause unemployment in the short run. Furthermore, it is found that unemployment solely bears the effect from short run adjustment to bring about the long run equilibrium within the tested framework. This study is important for the policy maker to understand the reason behind the causality effect that could jeopardize the rate of unemployment in Malaysia. As the attention is given specifically to three variables particularly GDP, population and unemployment, this study is aimed at broadening the prospect for further investigation within the same area of macroeconomics.
Entrepreneurial intention is one of the focus and attention among researchers nowadays. The younger generation is encouraged to get involved in entrepreneurship. It may able to overcome the issue of unemployment rate by creating more job opportunities. The purpose of this study is to examine the relationship and influence of Personal Capabilities and Social Factors towards entrepreneurial intention among Science & Technology students. A total of 214 respondents of science and technology undergraduate students from both Universiti Malaysia Sarawak (UNIMAS) and Universiti Teknologi MARA (UiTM) Sarawak participated in the survey. The empirical results indicate that social factors were found to have positive relationship and significantly correlated with entrepreneurial intention. On the other hand, the relationship between personal capabilities and entrepreneurial intention was found to have a significant albeit weak positive relationship with entrepreneurial intention. Implication and future research direction are also discussed.
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