Export-led growth hypothesis in Malaysia : new evidence using disaggregated data of exports

Export has been considered as main contributor to economic growth in which also known as export-led growth (ELG) hypothesis. The purpose of this study is to identify the export-led growth nexus in Malaysia. Specifically, this study focuses on disaggregated level of exports such as export of goods...

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Main Authors: Y. Amjad, N.A.M Naseem, W.N.W. Azman-Saini, T. A. Masron, K. Kriskkumar
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2018
Online Access:http://journalarticle.ukm.my/20079/
http://journalarticle.ukm.my/20079/1/jeko_523-13.pdf
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author Y. Amjad,
N.A.M Naseem,
W.N.W. Azman-Saini,
T. A. Masron,
K. Kriskkumar,
author_facet Y. Amjad,
N.A.M Naseem,
W.N.W. Azman-Saini,
T. A. Masron,
K. Kriskkumar,
author_sort Y. Amjad,
building UKM Institutional Repository
collection Online Access
description Export has been considered as main contributor to economic growth in which also known as export-led growth (ELG) hypothesis. The purpose of this study is to identify the export-led growth nexus in Malaysia. Specifically, this study focuses on disaggregated level of exports such as export of goods and manufactured sectors. By using ARDL co-integration technique for data that covers from 1980 to 2015, the result discovers that exports have positive impact on economic growth, particularly at disaggregated levels of exports namely exports of goods and export of manufactured sectors. This further supports the validation of the export-led growth hypothesis, especially in small, open and dynamic economy like Malaysia. From policy point of view, Malaysia policy makers should give special focus to search for better catalyst of exports promotion strategy to continuously and effectively promote long-term economic growth.
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institution Universiti Kebangasaan Malaysia
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language English
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publishDate 2018
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spelling oai:generic.eprints.org:200792022-10-11T09:28:29Z http://journalarticle.ukm.my/20079/ Export-led growth hypothesis in Malaysia : new evidence using disaggregated data of exports Y. Amjad, N.A.M Naseem, W.N.W. Azman-Saini, T. A. Masron, K. Kriskkumar, Export has been considered as main contributor to economic growth in which also known as export-led growth (ELG) hypothesis. The purpose of this study is to identify the export-led growth nexus in Malaysia. Specifically, this study focuses on disaggregated level of exports such as export of goods and manufactured sectors. By using ARDL co-integration technique for data that covers from 1980 to 2015, the result discovers that exports have positive impact on economic growth, particularly at disaggregated levels of exports namely exports of goods and export of manufactured sectors. This further supports the validation of the export-led growth hypothesis, especially in small, open and dynamic economy like Malaysia. From policy point of view, Malaysia policy makers should give special focus to search for better catalyst of exports promotion strategy to continuously and effectively promote long-term economic growth. Penerbit Universiti Kebangsaan Malaysia 2018 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/20079/1/jeko_523-13.pdf Y. Amjad, and N.A.M Naseem, and W.N.W. Azman-Saini, and T. A. Masron, and K. Kriskkumar, (2018) Export-led growth hypothesis in Malaysia : new evidence using disaggregated data of exports. Jurnal Ekonomi Malaysia, 52 (3). pp. 167-179. ISSN 0127-1962 https://www.ukm.my/jem/issue/v52i3/
spellingShingle Y. Amjad,
N.A.M Naseem,
W.N.W. Azman-Saini,
T. A. Masron,
K. Kriskkumar,
Export-led growth hypothesis in Malaysia : new evidence using disaggregated data of exports
title Export-led growth hypothesis in Malaysia : new evidence using disaggregated data of exports
title_full Export-led growth hypothesis in Malaysia : new evidence using disaggregated data of exports
title_fullStr Export-led growth hypothesis in Malaysia : new evidence using disaggregated data of exports
title_full_unstemmed Export-led growth hypothesis in Malaysia : new evidence using disaggregated data of exports
title_short Export-led growth hypothesis in Malaysia : new evidence using disaggregated data of exports
title_sort export-led growth hypothesis in malaysia : new evidence using disaggregated data of exports
url http://journalarticle.ukm.my/20079/
http://journalarticle.ukm.my/20079/
http://journalarticle.ukm.my/20079/1/jeko_523-13.pdf