House prices in Malaysia are considered to be seriously unaffordable as the median all-house price is relatively higher than the annual median income. Although the issue of house prices is prevalent in the country, few studies have been done to determine factors that influence its movement. The current paper, therefore, attempts to investigate the causal relationship between macroeconomic variables and house prices in Malaysia by accounting for the existence of a structural break for the variables. It is identified that in the long run, macroeconomic variables are collectively significant in influencing house price movement while the individual impact of macroeconomic variables is varied. The rise in the level of interest rates, housing supply, and inflation will result in the decline in house prices while gross domestic product and local currency appreciation cause the price to increase. It was found that stock prices do not significantly influence house prices. Of all the macroeconomic factors analyzed, exchange rate fluctuations appear to be most significant in explaining the movement of house prices. In the short-run, all macroeconomic factors are individually significant in influencing house prices and it is also identified that house prices tend to move back into their long-run state after temporary macroeconomic shocks with the speed of adjustment around 5.2 percent quarterly. It is advised for the policymakers to constantly monitor the movement of macroeconomic factors and take necessary actions to cushion the adverse impact of the movement of house prices in the country.
Digital inclusion has now become not only a matter of technological adoption, but the ability to use technologies where individuals are to possess necessary skills to make effective use of digital technologies. In this regard, digital literacy is seen as a crucial enabler for individuals to take advantage of digital opportunities as well as to engage in digital activities. Building on the importance of digital literacy, this study therefore attempts to assess the role of Internet usage and digital literacy on human development, which is proxied by the Human Development Index (HDI). Using a panel dataset covering 38 countries over a 4-year time span from 2015 to 2018, results of regression analysis indicate that both Internet usage and digital literacy emerge with significant and positive relationships with HDI. This evidence suggests that the high number of Internet users and high level of digital literacy are important means for promoting human development. Additional moderation analysis between Internet usage and digital literacy also produces a positive and significant interaction effect, which subsequently implies that digital literacy is an essential skill in enhancing effective usage of the Internet towards achieving greater socioeconomic well-being.
Pursuing higher education abroad is a golden opportunity for any student’s personal development; however, international students’ cross-cultural adjustment (CCA) can be onerous in a foreign country. The purpose of this study is to empirically examine the roles of perceived lecturer support and host country national (HCN) support in international students’ CCA in three dimensions, i.e. general, academic, and interaction. Adopting the purposive sampling technique, survey data was collected from a sample of 124 first-year international students in a Malaysian university. The results of the partial least squares structural equation modelling analysis showed that both perceived lecturer support and HCN support are influential in international students’ general, academic, and interaction adjustment. These findings suggest that higher education institutions should amplify the role of lecturers and HCNs to help international students adjust to the various cultural aspects in Malaysia. This study contributes to the literature by applying the anxiety and uncertainty management theory to validate the influence of support on CCA in the international student context.
This paper attempts to investigate the energy consumption and trade openness by taking into consideration the economic growth among associations within countries of Asia. The database was constructed and restricted to a sub-region area in southeast Asia well knows as Brunei, Indonesia, Malaysia, and the Philippines or BIMP-EAGA. The initiative, established in 1994 aims to increase the economic development of its members. We employed panel data analysis to examine the said linkage using panel co-integration on data taken for the period between 1970 to 2016. The approaches for panel data were the dynamic ordinary least squares (DOLS) and fully modified ordinary least squares (FMOLS). From our analysis, the findings indicated a significance and positive relationship between energy consumption, trade openness and economic growth. Additionally, we noted that both indicators are important among association to foster economic wellbeing. Furthermore, the benefit of this initiative of collaboration was highly successful.
The Asia-Pacific region has recorded the sharpest increase in human development progress globally and has seen shrinking gaps in basic standards and capabilities. However, inequalities around technology remain a cause for concern for the region, especially when countries with lower human development reportedly have limited access to technologies compared to countries with higher human development. Therefore, this study investigated the effects of information and communication technology (ICT), electricity access, and governance on human development in the Asia-Pacific region. A panel dataset of 46 countries from 2010 to 2019 was estimated using the Driscoll–Kraay standard error regression approach. Our findings revealed that ICT has a strong positive impact on human development for countries with high and medium human development. Internet usage is particularly significantly correlated with human development for both country groups, while mobile cellular subscriptions emerged as significant only for countries with high human development. The study also revealed significant positive effects of electricity access and governance on human development. The findings suggest that increased ICT adoption and electricity access, coupled with good governance, are crucial in improving people’s quality of life, thereby promoting greater human development. Limitations of the study include omission of the low human development group and a limited number of indicators used to measure ICT and governance.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.