Labour Market Reactions to Lockdown Measures during the Covid-19 Pandemic in Malaysia: An Empirical Note
Muzafar Shah Habibullah,
Mohd Yusof Saari (),
Badariah Haji Din (),
Sugiharso Safuan () and
Chakrin Utit ()
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Mohd Yusof Saari: EIS-UPMCS Centre for Future Labour Market Studies Menara PERKESO Putrajaya No. 6, Persiaran Perdana, Presint 2, 62100 Putrajaya Wilayah Persekutuan MALAYSIA
Badariah Haji Din: College of Government, Law and International Studies Universiti Utara Malaysia 06010 UUM Sintok Kedah MALAYSIA
Sugiharso Safuan: Graduate Program in Economics Faculty of Economics and Business Universitas Indonesia Depok 16424 INDONESIA
Chakrin Utit: School of Business and Economics Universiti Putra Malaysia 43400 UPM Serdang Selangor MALAYSIA
Jurnal Ekonomi Malaysia, 2021, vol. 55, issue 1, 39-49
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: Covid-19; Malaysia; cointegration; lockdown; loss of employment (search for similar items in EconPapers)
JEL-codes: H30 I18 J64 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:ukm:jlekon:v:55:y:2021:i:1:p:39-49
DOI: 10.17576/JEM-2021-5501-3
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