![]() ![]() ![]() ![]() The relevance of the study is related to the role of foreign trade in the integration processes of the EAEU countries. The authors examine the impact of foreign trade on the development of the Eurasian Economic Union (EAEU). The results of the study have important implicatons on the country's agricultural and manufacturing sectors. Meanwhile, total damage cost also appears to affect manufacturing growth in both the long run and short run. The findings suggest that size of affected areas affects agricultural growth in both the long run and short run. ![]() Results show that the series are cointegrated. Augmented Dickey-Fuller (ADF) test, Phillips-Perron (PP) test and Kwiatkowski-Phillips-Schmidt-Shin (KPSS) unit root test examines the stationarity of the series. This paper examines the impacts of flood disaster on gross domestc product (GDP) growth in the agricultural and manufacturing sectors in Malaysia for the period of 1960 to 2013 by applying the Autoregressive Distributed Lag (ARDL) bounds testng approach for cointegraton and error correcton model (ECM) for short-term relatonship. Flood is the most significant natural hazard in Malaysia, partcularly in terms of its frequency and duraton, size of the affected areas and economic damages. Flood disaster has incurred remarkable costs to human, social and economic aspects, affectng not only the local but natonal and world economy as well. ![]()
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