The study proposed to examine perceived norms (need, equality, merit) of resource distribution and fairness using student samples representing the same religion (i.e., Islam) but different cultural backgrounds (Malays and Internationals). The design also included gender and type of resource...

This paper navigates through the civil liability legal theory in studying its economic effects. It aims at giving an insight of the Islamic system of liability. To do so, it begins with a brief introduction of what a liability system is through a glance at the experience of the United States in...

Malaysia’s merchandise trade flows between 1990-1997 is decomposed into intraindustry trade (IIT) and net trade (NT). NT is further decomposed into net exports and net imports to evaluate the changing structure of trade on the merchandise trade balance. The Grubel-Lloyd (GL) index was used to...

This paper analyzes the productivity of public and private capital formation in a developing economy, Malaysia, using annual data from 1961 to 1995. The analysis is based on neoclassical growth regression, where the transition to the steady-state level of income per capita is modeled using an...

Human capital is vital for the development of a country. Investment in human capital ranges from basic needs expenditure to education and health provision. Economic growth is often used to measure the progress and development of a country. Today other indicators are used to emphasize physical...