The Impact of Tourism, Carbon Print and Inflation on Unemployment Rate in Malaysia

Ooi, Suet Yee (2023) The Impact of Tourism, Carbon Print and Inflation on Unemployment Rate in Malaysia. Final Year Project (Bachelor), Tunku Abdul Rahman University College.

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Abstract

Unemployment is mainly known as one of the serious issue among the citizens as it is capable to influence lifestyle and downturn the economic growth of a country. Malaysia is a developing country, however unemployment problem still causing many undesirable occurrences in the nation. This research paper will investigate the relationship between unemployment rate, inflation rate, tourism rate, carbon print in Malaysia from 1990 to 2020, which consists of 30 observations. The key purpose of study is to identify the impact of unemployment in Malaysia. This study has been applied various analysis tools such as Augmented Dickey Fuller Test, Phillip Perron test, Johansen Cointegration test, Vector Error Correction Model, Jarque-Bera test, Lagrange Multiplier test, Autoregressive Conditional Heteroskedasticity test, Ramsey Reset test, Cumulative Sum test, Cumulative Sum Square test and Lag Length Selectionin order to evaluate the relationships among the variables. Additionally, Diagnostic Checking will be utilised to ensure that the model is best linear unbiased estimator (BLUE). The proper clarification and interpretation for the stated models will be delivered and empirical problems will be also addressed in these studies