Mohammad Affendy, Arip and Lau, Sim Yee and Bakri, Abdul Karim (2010) Export Diversification and Economic Growth in Malaysia. Munich Personal RePEc Archive. ISSN 2285-6803
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Abstract
This paper examines the relationship between export diversification and economic growth in Malaysia. We use annual data from 1980-2007 and time-series techniques of cointegration and Granger causality tests to examine the long-run relationship and dynamic interactions among the variables. The results show the presence of a unique cointegrating vector among the four variables. Consistent with previous studies, we found that export diversification plays significant roles to economic growth in Malaysia. This finding suggests that, in order to sustain future economic growth under the static effect of multilateral and regional trade liberalization, Malaysia should diversify its export commodities and develop greater social and economic cooperation with the rest of the world. As an export- oriented economy, in the long run, export diversification strategy could help stabilizing Malaysia’s export earnings.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | export diversification, economic growth, revealed comparative advantage JEL Classification: C10, F10, F14, research, Universiti Malaysia Sarawak, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education |
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Divisions: | Academic Faculties, Institutes and Centres > Faculty of Economics and Business Faculties, Institutes, Centres > Faculty of Economics and Business |
| Depositing User: | Ab Rahim |
| Date Deposited: | 04 Oct 2017 06:51 |
| Last Modified: | 21 Mar 2022 03:46 |
| URI: | http://ir.unimas.my/id/eprint/17940 |
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