Pengaruh Tindakan Afirmatif kepada Agihan Kekayaan antara Etnik di Malaysia
Muhammad Najit Sukemi (),
Madeline Berma (),
Shamsul Amri Baharuddin () and
Faridah Shahadan ()
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Muhammad Najit Sukemi: Pusat Pengajian Pembangunan Sosial & Ekonomi Universiti Malaysia Terengganu 21030 Kuala Nerus Terengganu MALAYSIA
Madeline Berma: Fakulti Ekonomi dan Pengurusan Universiti Kebangsaan Malaysia 43600 UKM Bangi Selangor MALAYSIA
Shamsul Amri Baharuddin: Institut Kajian Etnik Universiti Kebangsaan Malaysia 43600 UKM Bangi Selangor MALAYSIA
Faridah Shahadan: Fakulti Ekonomi dan Pengurusan Universiti Kebangsaan Malaysia 43600 UKM Bangi Selangor MALAYSIA
Jurnal Ekonomi Malaysia, 2018, vol. 52, issue 1, 269-281
Abstract:
Affirmative action is a mechanism of conflict resolution in situation of ethnic tensions and socio-economic imbalances. In Malaysia, affirmative action was implemented through a New Economic Policy (NEP) from 1970 to address economic imbalances and wealth inequality among ethnics through the distribution of the equity with the goal of 30% Bumiputeras- owned and 40% non-bumiputera owned. After 40 years of implementation, the goal of equity distribution still yet to be achieved. However, does the implementation of affirmative action affects the distribution of wealth for each ethnic groups? Thus, this study aims to evaluate the influence of affirmative policies to the distribution of wealth between ethnic groups in Malaysia. This study will use equity data for ethnicity holdings for a period from 1969 to 2012 and will be tested using the Autoregressive distributed lag (ARDL) approach. The findings show the implementation of affirmative action has significant influence in affecting the distribution of wealth between ethnic groups in the short term and the long term. The study also proves the wealth distribution between ethnic groups was distributed through growing economy rather than through the acquisition of the other ethnic ownership, especially Chinese ethnic was later and transferred to the Bumiputeras.
Keywords: Affirmative action; Ethnic; equity; liberalization of financial sector (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ukm:jlekon:v:52:y:2018:i:1:p:269-281
DOI: 10.17576/JEM-2018-5201-22
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