Export Diversification and Economic Growth in Malaysia

This paper examines the relationship between export diversification and economic growth in Malaysia. We use annual data from 1980-2007 and time-series techniques of cointegration and Granger causality tests to examine the long-run relationship and dynamic interactions among the variables. The result...

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Main Authors: Mohammad Affendy, Arip, Lau, Sim Yee, Bakri, Abdul Karim
Format: Article
Language:English
Published: Munich University Library 2010
Subjects:
Online Access:http://ir.unimas.my/id/eprint/17940/
http://ir.unimas.my/id/eprint/17940/1/Export%20Diversification.pdf
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author Mohammad Affendy, Arip
Lau, Sim Yee
Bakri, Abdul Karim
author_facet Mohammad Affendy, Arip
Lau, Sim Yee
Bakri, Abdul Karim
author_sort Mohammad Affendy, Arip
building UNIMAS Institutional Repository
collection Online Access
description This paper examines the relationship between export diversification and economic growth in Malaysia. We use annual data from 1980-2007 and time-series techniques of cointegration and Granger causality tests to examine the long-run relationship and dynamic interactions among the variables. The results show the presence of a unique cointegrating vector among the four variables. Consistent with previous studies, we found that export diversification plays significant roles to economic growth in Malaysia. This finding suggests that, in order to sustain future economic growth under the static effect of multilateral and regional trade liberalization, Malaysia should diversify its export commodities and develop greater social and economic cooperation with the rest of the world. As an export- oriented economy, in the long run, export diversification strategy could help stabilizing Malaysia’s export earnings.
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spelling unimas-179402022-03-21T03:46:01Z http://ir.unimas.my/id/eprint/17940/ Export Diversification and Economic Growth in Malaysia Mohammad Affendy, Arip Lau, Sim Yee Bakri, Abdul Karim H Social Sciences (General) This paper examines the relationship between export diversification and economic growth in Malaysia. We use annual data from 1980-2007 and time-series techniques of cointegration and Granger causality tests to examine the long-run relationship and dynamic interactions among the variables. The results show the presence of a unique cointegrating vector among the four variables. Consistent with previous studies, we found that export diversification plays significant roles to economic growth in Malaysia. This finding suggests that, in order to sustain future economic growth under the static effect of multilateral and regional trade liberalization, Malaysia should diversify its export commodities and develop greater social and economic cooperation with the rest of the world. As an export- oriented economy, in the long run, export diversification strategy could help stabilizing Malaysia’s export earnings. Munich University Library 2010 Article PeerReviewed text en http://ir.unimas.my/id/eprint/17940/1/Export%20Diversification.pdf Mohammad Affendy, Arip and Lau, Sim Yee and Bakri, Abdul Karim (2010) Export Diversification and Economic Growth in Malaysia. Munich Personal RePEc Archive. ISSN 2285-6803 https://mpra.ub.uni-muenchen.de/20588/ MPRA Paper No. 20588
spellingShingle H Social Sciences (General)
Mohammad Affendy, Arip
Lau, Sim Yee
Bakri, Abdul Karim
Export Diversification and Economic Growth in Malaysia
title Export Diversification and Economic Growth in Malaysia
title_full Export Diversification and Economic Growth in Malaysia
title_fullStr Export Diversification and Economic Growth in Malaysia
title_full_unstemmed Export Diversification and Economic Growth in Malaysia
title_short Export Diversification and Economic Growth in Malaysia
title_sort export diversification and economic growth in malaysia
topic H Social Sciences (General)
url http://ir.unimas.my/id/eprint/17940/
http://ir.unimas.my/id/eprint/17940/
http://ir.unimas.my/id/eprint/17940/
http://ir.unimas.my/id/eprint/17940/1/Export%20Diversification.pdf