A bayesian approach on Malaysian electronic and electrical export value with exchange rate

Phoong, Seuk Yen

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Type :	article
Subject :	L Education
ISSN :	2146-0353
Main Author :	Phoong, Seuk Yen
Additional Authors :	Khek, Shi Ling
Title :	A bayesian approach on Malaysian electronic and electrical export value with exchange rate

Place of Production :	Tanjung Malim
Publisher :	Fakulti Sains dan Matematik
Year of Publication :	2021
Notes :	Review of International Geographical Education Online
Corporate Name :	Universiti Pendidikan Sultan Idris
HTTP Link :	Click to view web link

Abstract : Universiti Pendidikan Sultan Idris

Recent years, the top 3 of world's export products were monopolized by Electronic and Electrical sector. In Malaysia, Electronic and Electrical is the main contributor of export since 1980s. However, the export performance of Malaysian Electronic and Electrical is often affected by several issues including competitors, financial crisis and global pandemic crisis. Hence, this article aims to investigate the relationship between Malaysian electronic and electrical export value and exchange rate using Bayesian method to fit a two components normal mixture model. Bayesian parameter estimation method is getting popular in time series data analysis due to its asymptotic properties which is then furnishes reliable results. Through Bayesian analysis, the finding reveals that there is a positive relationship between Malaysian electronic and electrical export value with exchange rate. Meanwhile, Malaysian Electronic and Electrical export price increase when there is an appreciation of exchange rate and vice versa. From this article, investors and traders can invest wisely through understanding of factor that affects Malaysian Electronic and Electrical sector. ? 2021 RIGEO. All Rights Reserved.

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