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Finance and other services sectors in Peninsular Malaysia, Sabah and Sarawak: testing for stochastic convergence

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dc.contributor.authorMuzafar Shah Habibullah
dc.contributor.authorHirnissa Mohd Tahir
dc.contributor.authorBaharom Abdul Hamid
dc.date.accessioned2016-06-06
dc.date.accessioned2016-07-25T20:05:48Z
dc.date.available2016-06-06
dc.date.available2016-07-25T20:05:48Z
dc.date.disclosure2016-06-10
dc.date.issued2012
dc.description.abstractIn the last four decades, the financial services sector has becoming more important for the Malaysian economy. Despite gaining importance for enhancing economic growth, the contribution of the finance sector to the total services real Gross Domestic Product (GDP) has been ranked second in Peninsular Malaysia, third in Sabah and fourth in Sarawak. The purpose of the present paper is to determine whether the contribution of the financial services sector in the three regions in Malaysia, namely Peninsular Malaysia, Sabah and Sarawak show any distinct pattern. In the jargon of economic development literature, we seek to determine whether there is “convergence” or similarity in the patterns of the performance of the financial services sector among the three regions. Generally, our results suggest divergence of the finance sector and other sub-sector of the services among the three regions.
dc.identifier.citationHabibullah, Muzafar Shah and Mohd Tahir, Hirnissa and Abdul Hamid, Baharom. (2012). Finance and other services sectors in Peninsular Malaysia, Sabah and Sarawak: testing for stochastic convergence. Aceh International Journal of Social Sciences, 1 (2), pp. 39-47.
dc.identifier.urihttps://ikr.inceif.edu.my/handle/INCEIF/1430
dc.languageEnglish
dc.language.isoeng
dc.publisherGraduate School of Syiah Kuala University
dc.rights2012. Graduate School of Syiah Kuala University
dc.sourceCRP
dc.subjectStochastic convergence
dc.subjectMalaysia
dc.titleFinance and other services sectors in Peninsular Malaysia, Sabah and Sarawak: testing for stochastic convergence
dc.typeJournal Article
dlc.maintopicConventional finance
dlc.subtopicEconomics
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.topic.maintopicConventional finance
ikr.topic.subtopicConventional finance
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relation.isAuthorOfPublication.latestForDiscovery219f93a8-b38f-400c-981f-6a7162e44a2f
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