Jurnal Ekonomi Malaysia
55 (1) 2021 39 – 49
EIS-UPMCS Centre for Future Labour Market Studies
Menara PERKESO Putrajaya
No. 6, Persiaran Perdana, Presint 2,
62100 Putrajaya
Wilayah Persekutuan
MALAYSIA
College of Government, Law and International Studies
Universiti Utara Malaysia
06010 UUM Sintok
Kedah
MALAYSIA
Graduate Program in Economics
Faculty of Economics and Business
Universitas Indonesia
Depok 16424
INDONESIA
School of Business and Economics
Universiti Putra Malaysia
43400 UPM Serdang
Selangor
MALAYSIA
Abstract
In this empirical note, we examine the relationship between the loss of employment and lockdown measures undertaken by the Malaysian government during the Covid-19 pandemic outbreak over the period from 25 January 2020 to 10 September 2020. By using cointegration analysis, our results suggest that there are both long-run and short-run relationships between loss of employment and lockdown measures in Malaysia. Lockdown measures show positive impact on the number of workers who lost their jobs during the pandemic. The loss of employment increases by 0.35% to 1.1% for every 1% increase in the lockdown measures.
Keywords
JEL Codes
Author’s Acknowledgement
Funding for this project comes from the Research Grant NKB-1912/UN2.R3.1/HKP.05.00/2019 provided by the Hibah Kolaborasi Riset Internasional 2019, Universitas Indonesia.
Similar Articles
- COVID 19: The Impact of Government Policy Responses on Economic Activity and Stock Market Performance in Malaysia
- Dynamics of Malaysia’s Bilateral Export Post Covid-19: A Gravity Model Analysis
- Penentu Makroekonomi Kadar Jenayah di Malaysia
Bibliography
@article{habibullah2021labour,
title={Labour Market Reactions to Lockdown Measures during the Covid-19 Pandemic in Malaysia: An Empirical Note},
author={Habibullah, Muzafar and Saari, Mohd Yusof and Haji Din, Badariah and Safuan, Sugiharso and Utit, Chakrin},
journal={Jurnal Ekonomi Malaysia},
volume={55},
number={1},
pages={39—49},
}
Receive updates when new articles are published.