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Analysis of Long Run and Short Run Relationship between Myanmar’s Economy and Infrastructure-Social Investment
http://hdl.handle.net/20.500.12678/0000002798
http://hdl.handle.net/20.500.12678/0000002798f2d101c9-53bb-48d5-9307-61c4183da085
72104012-0d41-4923-8dac-906fe0fcdfd1
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Title | ||||||
Title | Analysis of Long Run and Short Run Relationship between Myanmar’s Economy and Infrastructure-Social Investment | |||||
Language | en | |||||
Publication date | 2019-11 | |||||
Authors | ||||||
Hnin Yu Swe, Ms. | ||||||
Description | ||||||
The main objective of this study is to find out the impact of infrastructure investment in Myanmar economy. The variables used in the studies are gross domestic product (GDP) is dependent variable and while Employment (EMP) and Capital stock (K), Infrastructure investment (INF) such as power, construction, transportation, communication and health and education used as proxy for infrastructure investment of Myanmar during the period 1988-1989 to 2012-2013. This study used Augmented Dickey-Fuller (ADF) unit root test, Bound Test and Cointegrating to long run estimation and ECM are used with ARDL model. The development and keep of vital physical infrastructure is an important item for sustainable economic growth. So the investment into the infrastructure plays an important role to achieve the social objectives and that are contributing to the sustained economic growth. Then a major source of economic growth is the accumulation of capital. The results of infrastructure investment, employment, capital stock and economic growth have positive relationship in the long run and no positive significant relationship in the short run. The results conclude that for the period 1988-1989 to 2012-2013, infrastructure investment have positive relationships on economic growth of Myanmar. |
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Keywords | ||||||
ARDL model | ||||||
Identifier | https://ecor.yueco.edu.mm/handle/123456789/864 | |||||
Journal articles | ||||||
1 | ||||||
Yangon University of Economics | ||||||
6 |