IDEAS home Printed from https://ideas.repec.org/a/eco/journ3/2016-04-29.html
   My bibliography  Save this article

An Analysis of Factors that Affecting the Number of Car Sales in Malaysia

Author

Listed:
  • Rabiul Islam

    (School of International Studies, College of Law, Government, and International Studies, University Utara Malaysia, 06010 UUM, Sintok, Kedah, Malaysia)

  • Ahmad Bashawir Abdul Ghani

    (School of International Studies, College of Law, Government, and International Studies, University Utara Malaysia, 06010 UUM, Sintok, Kedah, Malaysia)

  • Bobby Kusuma

    (School of International Studies, College of Law, Government, and International Studies, University Utara Malaysia, 06010 UUM, Sintok, Kedah, Malaysia,)

  • Eric Teh Yew Hong

    (Department of Economics, University Utara Malaysia, 06010 UUM, Sintok, Kedah, Malaysia.)

Abstract

This study investigates the relationship between macroeconomic variables and number of car sales in Malaysia. The main objective is to determine the factors that affecting the number of car sales in Malaysia. This research covers the time period from 1985 to 2014. The analysis methods that have been applied in this study include descriptive statistics, multiple regression statistics and correlation analysis. The findings shows that gross domestic product has positive relationship with the number of car sales in Malaysia, while interest rate, unemployment rate and inflation rate have negative relationship with the number of car sales in Malaysia. The findings were consistent with the previous findings done by other researcher

Suggested Citation

  • Rabiul Islam & Ahmad Bashawir Abdul Ghani & Bobby Kusuma & Eric Teh Yew Hong, 2016. "An Analysis of Factors that Affecting the Number of Car Sales in Malaysia," International Review of Management and Marketing, Econjournals, vol. 6(4), pages 872-882.
  • Handle: RePEc:eco:journ3:2016-04-29
    as

    Download full text from publisher

    File URL: http://www.econjournals.com/index.php/irmm/article/download/2726/pdf
    Download Restriction: no

    File URL: http://www.econjournals.com/index.php/irmm/article/view/2726/pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jacky Mallett & Charles Keen, 2012. "Does GDP measure growth in the economy or simply growth in the money supply?," Papers 1208.0642, arXiv.org.
    2. Fidlizan Muhammad & Mohd Yahya Mohd Hussin & Azila Abdul Razak & Norimah Rambeli & Gan Pei Tha, 2013. "The Relationship between Macroeconomic Variables and Passenger Vehicle Sales in Malaysia," Business and Economic Research, Macrothink Institute, vol. 3(2), pages 115-126, December.
    3. Poon, Ser-Huang & Taylor, Stephen J., 1992. "Stock returns and volatility: An empirical study of the UK stock market," Journal of Banking & Finance, Elsevier, vol. 16(1), pages 37-59, February.
    4. Dargay, Joyce M, 2001. "The effect of income on car ownership: evidence of asymmetry," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(9), pages 807-821, November.
    5. Eastwood, David B & Anderson, Robert C, 1976. "Consumer Credit and Consumer Demand for Automobiles," Journal of Finance, American Finance Association, vol. 31(1), pages 113-123, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rabiul Islam & Ahmad Bashawir Abdul Ghani & Bobby Kusuma & Eric Teh Yew Hong, 2016. "An Analysis of Factors that Affecting the Number of Car Sales in Malaysia," International Review of Management and Marketing, Econjournals, vol. 6(4), pages 872-882.
    2. Barbora Mazúrová & Ján Kollár & Gabriela Nedelová, 2021. "Travel Mode of Commuting in Context of Subjective Well-Being—Experience from Slovakia," Sustainability, MDPI, vol. 13(6), pages 1-17, March.
    3. Jou, Rong-Chang & Huang, Wen-Hsiu & Wu, Yuan-Chan & Chao, Ming-Che, 2012. "The asymmetric income effect on household vehicle ownership in Taiwan: A threshold cointegration approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(4), pages 696-706.
    4. Bauer, Rob M M J & Nieuwland, Frederick G M C & Verschoor, Willem F C, 1994. "German Stock Market Dynamics," Empirical Economics, Springer, vol. 19(3), pages 397-418.
    5. Scheiner, Joachim & Holz-Rau, Christian, 2013. "A comprehensive study of life course, cohort, and period effects on changes in travel mode use," Transportation Research Part A: Policy and Practice, Elsevier, vol. 47(C), pages 167-181.
    6. Brooks, Robert D. & Davidson, Sinclair & Faff, Robert W., 1997. "An examination of the effects of major political change on stock market volatility: the South African experience," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 7(3), pages 255-275, October.
    7. Barter, Paul A., 2005. "A vehicle quota integrated with road usage pricing: A mechanism to complete the phase-out of high fixed vehicle taxes in Singapore," Transport Policy, Elsevier, vol. 12(6), pages 525-536, November.
    8. Shengyi Gao & Patricia Mokhtarian & Robert Johnston, 2008. "Exploring the connections among job accessibility, employment, income, and auto ownership using structural equation modeling," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 42(2), pages 341-356, June.
    9. Siem Jan Koopman & Eugenie Hol Uspensky, 2002. "The stochastic volatility in mean model: empirical evidence from international stock markets," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 17(6), pages 667-689.
    10. Avouyi-Dovi, S. & Jondeau, E. & Lai Tong, C., 1997. "Effets “volume”, volatilité et transmissions internationales sur les marchés boursiers dans le G5," Working papers 42, Banque de France.
    11. Wang, Xiaoquan & Yin, Chaoying & Zhang, Junyi & Shao, Chunfu & Wang, Shengyou, 2021. "Nonlinear effects of residential and workplace built environment on car dependence," Journal of Transport Geography, Elsevier, vol. 96(C).
    12. Delbosc, Alexa & Nakanishi, Hitomi, 2017. "A life course perspective on the travel of Australian millennials," Transportation Research Part A: Policy and Practice, Elsevier, vol. 104(C), pages 319-336.
    13. Roorda, Matthew J. & Carrasco, Juan A. & Miller, Eric J., 2009. "An integrated model of vehicle transactions, activity scheduling and mode choice," Transportation Research Part B: Methodological, Elsevier, vol. 43(2), pages 217-229, February.
    14. Frank Denton & Dean Mountain, 2014. "The implications of mean scaling for the calculation of aggregate consumer elasticities," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 12(3), pages 297-314, September.
    15. Cheng F. Lee & Gong-meng Chen & Oliver M. Rui, 2001. "Stock Returns And Volatility On China'S Stock Markets," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 24(4), pages 523-543, December.
    16. Koopman, Siem Jan & Jungbacker, Borus & Hol, Eugenie, 2005. "Forecasting daily variability of the S&P 100 stock index using historical, realised and implied volatility measurements," Journal of Empirical Finance, Elsevier, vol. 12(3), pages 445-475, June.
    17. Ilya Ilyankou & Andy Newing & Nick Hood, 2023. "Supermarket Store Locations as a Proxy for Neighbourhood Health, Wellbeing, and Wealth," Sustainability, MDPI, vol. 15(15), pages 1-12, July.
    18. Brailsford, Timothy J. & Faff, Robert W., 1996. "An evaluation of volatility forecasting techniques," Journal of Banking & Finance, Elsevier, vol. 20(3), pages 419-438, April.
    19. Abu Toasin Oakil & Dorien Manting & Hans Nijland, 2018. "The role of individual characteristics in car ownership shortly after relationship dissolution," Transportation, Springer, vol. 45(6), pages 1871-1882, November.
    20. Ahmed, Mohamed S. & Alhadab, Mohammad, 2020. "Momentum, asymmetric volatility and idiosyncratic risk-momentum relation: Does technology-sector matter?," The Quarterly Review of Economics and Finance, Elsevier, vol. 78(C), pages 355-371.

    More about this item

    Keywords

    Car Sale; Gross Domestic Product; Interest Rate; Unemployment Rate; Inflation Rate;
    All these keywords.

    JEL classification:

    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

    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:eco:journ3:2016-04-29. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    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.