Export-Led Growth Hypothesis In Malaysia: An Investigation Using Bounds Test

Choong, Chee-Keong and Zulkornain, Yusop and Liew, Venus Khim-Sen (2005) Export-Led Growth Hypothesis In Malaysia: An Investigation Using Bounds Test. Sunway Academic Journal, 2. pp. 13-22. ISSN 1823-500X

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Official URL: https://www.researchgate.net/publication/228973326

Abstract

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.

Item Type: Article
Uncontrolled Keywords: Export-led growth, bounds test, causality, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak
Subjects: H Social Sciences > HB Economic Theory
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: 27 Nov 2017 01:51
Last Modified: 27 Nov 2017 01:51
URI: http://ir.unimas.my/id/eprint/18605

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