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CPS2141 Lim Kok-Hwa et al.
4. Discussion and Conclusion
In conclusion, Negeri Sembilan is an open economy and is dependent on
the trade investment for its economic development. Statistical data focus on
the economy is proven to be input and catalyst to the advancement for the
implementation of local socio-economic development programs and projects.
Quality of the statistical data is also vital and important to the formation of
policy for both state and the Malaysia country’s development.
The empirical result from E-views analysis shows that manufacturing and
services sectors remained as the key engine influencing the GDP growth in
Negeri Sembilan. Hence, the causal link holds both the short-run and long-
run to the state GDP growth and three linear econometric models that
indicated economic indicators correlated in influencing the growth of GDP in
Negeri Sembilan were generated as below:
NegeriSembilan = 0.052 + 0.109AGR + 0.024MNQ + 0.453MFG + 0.023CON +
0.379SER + 0.005MD

NegeriSembilan = 1.407 + 0.059AGR + 0.348 MFG + 0.327 Services - 0.043 CPI +
0.004 Unemployment Rate + 0.026 Interest rate

Malaysia = 1.681+ 0.675 NegeriSembilan
The indicators of regional economic development can be illustrated via the
growth of GDP as well as the GDP per capita shown with other similar
economic indicators or projects development. It is recommended that similar
exercise of time series data analysis methods for other regional statistics data
could be encouraging to apply in measuring the economic growth in Malaysia
by using various indicators towards State GDP which served as an extra effort
for junior statisticians to enhance the initial regional economic analysis by each
State. This paper is to be enhanced and to be expanded in future for regional
economic studies.

References
1. David L. K., James E. P. and Mildred E. W. (2007). Role of Services in
Regional Economy Growth, Blackwell Publishing, Oxford, United
Kingdom.
2. EPU. (2015). Ringkasan Eksekutif Rancangan Malaysia Kesebelas 2016-
2020. Economic Planning Unit, Jabatan Perdana Menteri (JPM). Putrajaya.
3. EC, IMF, OECD, UN and World Bank (2009). System of National Accounts
(SNA) 2008. European Commission (EC), International Monetary Fund
(IMF), Organisation for Economic Co-operation and Development
(OECD), United Nations (UN) and World Bank. New York.
4. Fauzi H. and Soo Y. Y. (2012). The Contribution of Economic Sectors to
Economic Growth: The cases of China and India. Research in Applied

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