The factors affecting economic growth in Korea Republic / Muhammad Azmi Mahamood

This study tries to investigate the relationship between economic growth and independent variables, such as government expenditure, savings rate, and inflation rate at Korea Republic. Secondary data is obtained from 1987 to 2016. By obtaining data each year, the data is collected from the World Indi...

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Main Author:	Mahamood, Muhammad Azmi
Format:	Student Project
Language:	English
Published:	Faculty of Business and Management 2018
Subjects:	HC Economic History and Conditions
Online Access:	http://ir.uitm.edu.my/id/eprint/28115/ http://ir.uitm.edu.my/id/eprint/28115/1/PPb_MUHAMMAD%20AZMI%20MAHAMOOD%20BM%20J%2018_5.pdf

id	uitm-28115
recordtype	eprints
spelling	uitm-281152020-03-09T06:43:30Z http://ir.uitm.edu.my/id/eprint/28115/ The factors affecting economic growth in Korea Republic / Muhammad Azmi Mahamood Mahamood, Muhammad Azmi HC Economic History and Conditions This study tries to investigate the relationship between economic growth and independent variables, such as government expenditure, savings rate, and inflation rate at Korea Republic. Secondary data is obtained from 1987 to 2016. By obtaining data each year, the data is collected from the World Indicator database data and OECD data. On the other hand, the technique used to estimate the model is Ordinary Least Square (OLS). The results show that factors affecting economic growth in Korea through government expenditure, savings rates and inflation rates are able to influence those that have a direct and statistically significant relationship to economic growth. However, one of the variables shows its own results with the expected sign. As predicted by theory, inflation actually has a negative impact on economic growth. In other words, when inflation increases, there is a decline in purchasing power where it will slow down economic growth. However, this study investigates inverse results by comparing with the inserted investigation. While this study has some limitations such as lack of data, journals, etc., then the proposal has been proposed to future researchers. Regardless of the limitations this study applies to governments, policy makers, and even macroeconomics. Faculty of Business and Management 2018 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/28115/1/PPb_MUHAMMAD%20AZMI%20MAHAMOOD%20BM%20J%2018_5.pdf Mahamood, Muhammad Azmi (2018) The factors affecting economic growth in Korea Republic / Muhammad Azmi Mahamood. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	HC Economic History and Conditions
spellingShingle	HC Economic History and Conditions Mahamood, Muhammad Azmi The factors affecting economic growth in Korea Republic / Muhammad Azmi Mahamood
description	This study tries to investigate the relationship between economic growth and independent variables, such as government expenditure, savings rate, and inflation rate at Korea Republic. Secondary data is obtained from 1987 to 2016. By obtaining data each year, the data is collected from the World Indicator database data and OECD data. On the other hand, the technique used to estimate the model is Ordinary Least Square (OLS). The results show that factors affecting economic growth in Korea through government expenditure, savings rates and inflation rates are able to influence those that have a direct and statistically significant relationship to economic growth. However, one of the variables shows its own results with the expected sign. As predicted by theory, inflation actually has a negative impact on economic growth. In other words, when inflation increases, there is a decline in purchasing power where it will slow down economic growth. However, this study investigates inverse results by comparing with the inserted investigation. While this study has some limitations such as lack of data, journals, etc., then the proposal has been proposed to future researchers. Regardless of the limitations this study applies to governments, policy makers, and even macroeconomics.
format	Student Project
author	Mahamood, Muhammad Azmi
author_facet	Mahamood, Muhammad Azmi
author_sort	Mahamood, Muhammad Azmi
title	The factors affecting economic growth in Korea Republic / Muhammad Azmi Mahamood
title_short	The factors affecting economic growth in Korea Republic / Muhammad Azmi Mahamood
title_full	The factors affecting economic growth in Korea Republic / Muhammad Azmi Mahamood
title_fullStr	The factors affecting economic growth in Korea Republic / Muhammad Azmi Mahamood
title_full_unstemmed	The factors affecting economic growth in Korea Republic / Muhammad Azmi Mahamood
title_sort	factors affecting economic growth in korea republic / muhammad azmi mahamood
publisher	Faculty of Business and Management
publishDate	2018
url	http://ir.uitm.edu.my/id/eprint/28115/ http://ir.uitm.edu.my/id/eprint/28115/1/PPb_MUHAMMAD%20AZMI%20MAHAMOOD%20BM%20J%2018_5.pdf
first_indexed	2023-09-18T23:19:38Z
last_indexed	2023-09-18T23:19:38Z
_version_	1777419344962125824

The factors affecting economic growth in Korea Republic / Muhammad Azmi Mahamood

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