Labour market reactions to lockdown measures during the Covid-19 pandemic in Malaysia: an empirical note

Muzafar Shah Habibullah, and Mohd Yusof Saari, and Badariah Haji Din, and Safuan, Sugiharso and Chakrin Utit, (2021) Labour market reactions to lockdown measures during the Covid-19 pandemic in Malaysia: an empirical note. Jurnal Ekonomi Malaysia, 55 (1). pp. 1-12. ISSN 0127-1962

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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.

Item Type:Article
Keywords:Covid-19; Lockdown; Loss of employment; Cointegration; Malaysia
Journal:Jurnal Ekonomi Malaysia
ID Code:17270
Deposited By: ms aida -
Deposited On:04 Aug 2021 01:37
Last Modified:06 Aug 2021 02:38

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