Preliminary impact of the 1998 capital control: an analysis of GDP / Noor Zahiraii Moiid Sidek…[et al.]

The 1997 financial crisis which, later, translated into an economic crisis has brought about the implementation of capital controls as a policy response in Malaysia. In this study we examine the effectiveness of capital controls on sixteen components of GDP. Using the ARMA-intervention modeling tech...

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Main Authors: Mohd Sidek, Noor Zahirah, Azman, Aza Shahnaz
Format: Research Reports
Language:English
Published: Research Management Institude 2004
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/25588/
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author Mohd Sidek, Noor Zahirah
Azman, Aza Shahnaz
author_facet Mohd Sidek, Noor Zahirah
Azman, Aza Shahnaz
author_sort Mohd Sidek, Noor Zahirah
building UiTM Institutional Repository
collection Online Access
description The 1997 financial crisis which, later, translated into an economic crisis has brought about the implementation of capital controls as a policy response in Malaysia. In this study we examine the effectiveness of capital controls on sixteen components of GDP. Using the ARMA-intervention modeling technique, we found that half of components have positive significant post capital control impact. The components that benefited from the implementation of this policy include rubber, palm oil, food, textile, construction, wholesale and retail, transport and finance. Thus, the use of capital control did confer positive results despite the fear of certain orthodox economists.
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format Research Reports
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institution Universiti Teknologi MARA
institution_category Local University
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publishDate 2004
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spelling uitm-255882019-09-19T08:19:26Z https://ir.uitm.edu.my/id/eprint/25588/ Preliminary impact of the 1998 capital control: an analysis of GDP / Noor Zahiraii Moiid Sidek…[et al.] Mohd Sidek, Noor Zahirah Azman, Aza Shahnaz Business cycles. Economic fluctuations. Economic indicators Demographic surveys The 1997 financial crisis which, later, translated into an economic crisis has brought about the implementation of capital controls as a policy response in Malaysia. In this study we examine the effectiveness of capital controls on sixteen components of GDP. Using the ARMA-intervention modeling technique, we found that half of components have positive significant post capital control impact. The components that benefited from the implementation of this policy include rubber, palm oil, food, textile, construction, wholesale and retail, transport and finance. Thus, the use of capital control did confer positive results despite the fear of certain orthodox economists. Research Management Institude 2004-12 Research Reports NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/25588/1/LP_NOOR%20ZAHIRAH%20MOHD%20SIDEK%20RMI%20K%2004_5.pdf Mohd Sidek, Noor Zahirah and Azman, Aza Shahnaz (2004) Preliminary impact of the 1998 capital control: an analysis of GDP / Noor Zahiraii Moiid Sidek…[et al.]. (2004) [Research Reports] (Unpublished)
spellingShingle Business cycles. Economic fluctuations. Economic indicators
Demographic surveys
Mohd Sidek, Noor Zahirah
Azman, Aza Shahnaz
Preliminary impact of the 1998 capital control: an analysis of GDP / Noor Zahiraii Moiid Sidek…[et al.]
title Preliminary impact of the 1998 capital control: an analysis of GDP / Noor Zahiraii Moiid Sidek…[et al.]
title_full Preliminary impact of the 1998 capital control: an analysis of GDP / Noor Zahiraii Moiid Sidek…[et al.]
title_fullStr Preliminary impact of the 1998 capital control: an analysis of GDP / Noor Zahiraii Moiid Sidek…[et al.]
title_full_unstemmed Preliminary impact of the 1998 capital control: an analysis of GDP / Noor Zahiraii Moiid Sidek…[et al.]
title_short Preliminary impact of the 1998 capital control: an analysis of GDP / Noor Zahiraii Moiid Sidek…[et al.]
title_sort preliminary impact of the 1998 capital control: an analysis of gdp / noor zahiraii moiid sidek…[et al.]
topic Business cycles. Economic fluctuations. Economic indicators
Demographic surveys
url https://ir.uitm.edu.my/id/eprint/25588/