Household wealth in Malaysia: Composition and inequality among ethnic groups

Research output: Contribution to journalArticle

8 Citations (Scopus)

Abstract

The paper studies the composition and inequality of wealth among the household per capita in Malaysia, using the 2007 Malaysia's Household Income Survey (HIS), focusing on the disparity among the ethnic groups. Real estate assets make up about 96% of wealth, while financial assets make up the rest. Consistent with findings with other countries, the distribution of wealth are more skewed than of income. The distribution of wealth shows that the top 10% of Malaysian households per capita control 35% of the country's wealth, while the bottom 40% own 8%. The decomposition of wealth shows that the Gini coefficient for savings is 0.98, while the figure for investment asset and real estate assets are 0.90 and 0.52 respectively. The distribution and inequality of wealth is more prominent among the Indians, followed by the Bumiputera and the Chinese respectively. Intra-ethnic, it is the Indian that has the least of ownership in wealth at 23.7%, and within the Bumiputera group, the figure are 14.7% and the Chinese 10.5%.

Original languageEnglish
Pages (from-to)71-80
Number of pages10
JournalJurnal Ekonomi Malaysia
Volume45
Issue number1
Publication statusPublished - 2011

Fingerprint

Ethnic groups
Wealth
Household wealth
Malaysia
Assets
Distribution of wealth
Real estate
Household
Income
Savings
Household income
Gini coefficient
Financial assets
Decomposition
Ownership

Keywords

  • Bumiputera
  • Ethnic
  • Inequality
  • Malaysia
  • Wealth

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)

Cite this

Household wealth in Malaysia : Composition and inequality among ethnic groups. / Abdul Khalid, Muhammed.

In: Jurnal Ekonomi Malaysia, Vol. 45, No. 1, 2011, p. 71-80.

Research output: Contribution to journalArticle

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