Are Malaysian exports and imports cointegrated?

This paper investigates the long-run relationship between Malaysian exports and imports. Towards this end, multivariate cointegration techniques have been applied. For all measures (or cases), both the unrestricted and restricted cointegration results demonstrate that there exists a long-run relatio...

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Main Authors: Choong, Chee Keong, Soo, Siew Choo, Yusop, Zulkornain
Format: Article
Language:English
Published: Sunway University College 2004
Subjects:
Online Access:http://eprints.sunway.edu.my/3/
http://eprints.sunway.edu.my/3/1/Are%20Malaysian%20exports%20and%20imports%20cointegrated.pdf
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author Choong, Chee Keong
Soo, Siew Choo
Yusop, Zulkornain
author_facet Choong, Chee Keong
Soo, Siew Choo
Yusop, Zulkornain
author_sort Choong, Chee Keong
building SU Institutional Repository
collection Online Access
description This paper investigates the long-run relationship between Malaysian exports and imports. Towards this end, multivariate cointegration techniques have been applied. For all measures (or cases), both the unrestricted and restricted cointegration results demonstrate that there exists a long-run relationship between Malaysian exports and imports. Simply put, both the variables will converge towards equilibrium in the long run which indicates the effectiveness of Malaysia?s long-term macroeconomic planning in stabilising trade balance. Thus, the Malaysian economy does not violate its inter-temporal budget constraint.
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institution Sunway University
institution_category Local University
language English
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publishDate 2004
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spelling sunway-32012-10-15T03:24:37Z http://eprints.sunway.edu.my/3/ Are Malaysian exports and imports cointegrated? Choong, Chee Keong Soo, Siew Choo Yusop, Zulkornain HF Commerce This paper investigates the long-run relationship between Malaysian exports and imports. Towards this end, multivariate cointegration techniques have been applied. For all measures (or cases), both the unrestricted and restricted cointegration results demonstrate that there exists a long-run relationship between Malaysian exports and imports. Simply put, both the variables will converge towards equilibrium in the long run which indicates the effectiveness of Malaysia?s long-term macroeconomic planning in stabilising trade balance. Thus, the Malaysian economy does not violate its inter-temporal budget constraint. Sunway University College 2004 Article PeerReviewed text en http://eprints.sunway.edu.my/3/1/Are%20Malaysian%20exports%20and%20imports%20cointegrated.pdf Choong, Chee Keong and Soo, Siew Choo and Yusop, Zulkornain (2004) Are Malaysian exports and imports cointegrated? Sunway Academic Journal, 1. pp. 29-38.
spellingShingle HF Commerce
Choong, Chee Keong
Soo, Siew Choo
Yusop, Zulkornain
Are Malaysian exports and imports cointegrated?
title Are Malaysian exports and imports cointegrated?
title_full Are Malaysian exports and imports cointegrated?
title_fullStr Are Malaysian exports and imports cointegrated?
title_full_unstemmed Are Malaysian exports and imports cointegrated?
title_short Are Malaysian exports and imports cointegrated?
title_sort are malaysian exports and imports cointegrated?
topic HF Commerce
url http://eprints.sunway.edu.my/3/
http://eprints.sunway.edu.my/3/1/Are%20Malaysian%20exports%20and%20imports%20cointegrated.pdf