Export-led growth hypothesis in Malaysia : an investigation using bounds test
The objective of this paper is to test the validity of the export-led growth hypothesis in the Malaysian economy using a more comprehensive sample period and a recent technique, that is, the bounds testing approach. Based on this model, both exports and labour force have stimulated positive adjustme...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | en |
| Published: |
Sunway University College
2005
|
| Subjects: | |
| Online Access: | http://eprints.sunway.edu.my/13/1/choong13.pdf http://eprints.sunway.edu.my/13/ |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1831341235149733888 |
|---|---|
| author | Choong, Chee Keong Yusop, Zulkornain Liew, Venus Khim Sen |
| author_facet | Choong, Chee Keong Yusop, Zulkornain Liew, Venus Khim Sen |
| author_sort | Choong, Chee Keong |
| building | Sunway Campus Library |
| collection | Institutional Repository |
| content_provider | Sunway University |
| content_source | Sunway Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | The objective of this paper is to test the validity of the export-led growth hypothesis in the Malaysian economy using a more comprehensive sample period and a recent technique, that is, the bounds testing approach. Based on this model, both exports and labour force have stimulated positive adjustment to economic growth, whereas variables such as imports, exchange rate and the East Asian financial crisis are found to influence growth negatively. Moreover, a cointegrated relationship between exports and economic growth was detected in both the long and short runs. Further analysis showed that exports Granger-cause economic growth in the period of study. Thus, this study provides further evidence to support the export-led growth hypothesis in the Malaysian economy. |
| format | Article |
| id | my.sunway.eprints.13 |
| institution | Sunway University |
| language | en |
| publishDate | 2005 |
| publisher | Sunway University College |
| record_format | eprints |
| spelling | my.sunway.eprints.132012-10-15T03:22:01Z http://eprints.sunway.edu.my/13/ Export-led growth hypothesis in Malaysia : an investigation using bounds test Choong, Chee Keong Yusop, Zulkornain Liew, Venus Khim Sen HC Economic History and Conditions HF Commerce The objective of this paper is to test the validity of the export-led growth hypothesis in the Malaysian economy using a more comprehensive sample period and a recent technique, that is, the bounds testing approach. Based on this model, both exports and labour force have stimulated positive adjustment to economic growth, whereas variables such as imports, exchange rate and the East Asian financial crisis are found to influence growth negatively. Moreover, a cointegrated relationship between exports and economic growth was detected in both the long and short runs. Further analysis showed that exports Granger-cause economic growth in the period of study. Thus, this study provides further evidence to support the export-led growth hypothesis in the Malaysian economy. Sunway University College 2005 Article PeerReviewed text en http://eprints.sunway.edu.my/13/1/choong13.pdf Choong, Chee Keong and Yusop, Zulkornain and Liew, Venus Khim Sen (2005) Export-led growth hypothesis in Malaysia : an investigation using bounds test. Sunway Academic Journal, 2. pp. 13-22. |
| spellingShingle | HC Economic History and Conditions HF Commerce Choong, Chee Keong Yusop, Zulkornain Liew, Venus Khim Sen Export-led growth hypothesis in Malaysia : an investigation using bounds test |
| title | Export-led growth hypothesis in Malaysia : an investigation using bounds test |
| title_full | Export-led growth hypothesis in Malaysia : an investigation using bounds test |
| title_fullStr | Export-led growth hypothesis in Malaysia : an investigation using bounds test |
| title_full_unstemmed | Export-led growth hypothesis in Malaysia : an investigation using bounds test |
| title_short | Export-led growth hypothesis in Malaysia : an investigation using bounds test |
| title_sort | export-led growth hypothesis in malaysia : an investigation using bounds test |
| topic | HC Economic History and Conditions HF Commerce |
| url | http://eprints.sunway.edu.my/13/1/choong13.pdf http://eprints.sunway.edu.my/13/ |
| url_provider | http://eprints.sunway.edu.my/ |