The effect of regime switching policy rules on economic growth

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The effect of regime switching policy rules on economic growth

This paper empirically examines the relative effect of active and passive regime policy rules on economic growth. The time series data for a set of South-East Asian countries namely, Malaysia, Thailand and Singapore are used for the period 1971-2009. The Markov-switching (MSC) regression method is e...

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Bibliographic Details
Main Authors:	Norlin Khalid, Nur Fakhzan Marwan
Format:	Article
Language:	English
Published:	Penerbit Universiti Kebangsaan Malaysia 2013
Online Access:	http://journalarticle.ukm.my/8122/ http://journalarticle.ukm.my/8122/1/7268-18721-1-SM.pdf

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