The Nexus between Economic Liberalisation and Economic Growth:Empirical Evidence from ASEAN,China, and India

The main objective of this paper is to examine the impact of economic liberalisation on economic growth. This paper also explores the relationship between trade and financial liberalisation. The analysis focuses on all ASEAN countries as well as China and India. Using the Generalised Method of Mo...

Full description

Bibliographic Details
Main Authors: Selvarajan, Sonia Kumari, Rossazana, Ab. Rahim
Format: Article
Language:English
Published: Universiti Malaysia Kelantan 2015
Subjects:
Online Access:http://ir.unimas.my/id/eprint/17943/
http://ir.unimas.my/id/eprint/17943/1/Selvarajan.pdf
_version_ 1848838402120613888
author Selvarajan, Sonia Kumari
Rossazana, Ab. Rahim
author_facet Selvarajan, Sonia Kumari
Rossazana, Ab. Rahim
author_sort Selvarajan, Sonia Kumari
building UNIMAS Institutional Repository
collection Online Access
description The main objective of this paper is to examine the impact of economic liberalisation on economic growth. This paper also explores the relationship between trade and financial liberalisation. The analysis focuses on all ASEAN countries as well as China and India. Using the Generalised Method of Moment (GMM) dynamic panel data analysis, this paper finds that economic liberalisation is significantly related to economic growth in ASEAN6 and CLMV. For ASEAN, China, and India as a whole, trade openness has no significant impact on economic growth. However, a strong financial growth nexus exists. In ASEAN6 and CLMV, the results indicate that economic liberalisation leads to economic growth.
first_indexed 2025-11-15T06:54:59Z
format Article
id unimas-17943
institution Universiti Malaysia Sarawak
institution_category Local University
language English
last_indexed 2025-11-15T06:54:59Z
publishDate 2015
publisher Universiti Malaysia Kelantan
recordtype eprints
repository_type Digital Repository
spelling unimas-179432021-06-22T15:34:56Z http://ir.unimas.my/id/eprint/17943/ The Nexus between Economic Liberalisation and Economic Growth:Empirical Evidence from ASEAN,China, and India Selvarajan, Sonia Kumari Rossazana, Ab. Rahim H Social Sciences (General) The main objective of this paper is to examine the impact of economic liberalisation on economic growth. This paper also explores the relationship between trade and financial liberalisation. The analysis focuses on all ASEAN countries as well as China and India. Using the Generalised Method of Moment (GMM) dynamic panel data analysis, this paper finds that economic liberalisation is significantly related to economic growth in ASEAN6 and CLMV. For ASEAN, China, and India as a whole, trade openness has no significant impact on economic growth. However, a strong financial growth nexus exists. In ASEAN6 and CLMV, the results indicate that economic liberalisation leads to economic growth. Universiti Malaysia Kelantan 2015 Article PeerReviewed text en http://ir.unimas.my/id/eprint/17943/1/Selvarajan.pdf Selvarajan, Sonia Kumari and Rossazana, Ab. Rahim (2015) The Nexus between Economic Liberalisation and Economic Growth:Empirical Evidence from ASEAN,China, and India. Journal of Entrepreneurship and Business, 3 (2). pp. 1-12. ISSN 2289-8298 http://fkp.umk.edu.my/journal/index.html DOI: 10.17687/JEB.0302.01
spellingShingle H Social Sciences (General)
Selvarajan, Sonia Kumari
Rossazana, Ab. Rahim
The Nexus between Economic Liberalisation and Economic Growth:Empirical Evidence from ASEAN,China, and India
title The Nexus between Economic Liberalisation and Economic Growth:Empirical Evidence from ASEAN,China, and India
title_full The Nexus between Economic Liberalisation and Economic Growth:Empirical Evidence from ASEAN,China, and India
title_fullStr The Nexus between Economic Liberalisation and Economic Growth:Empirical Evidence from ASEAN,China, and India
title_full_unstemmed The Nexus between Economic Liberalisation and Economic Growth:Empirical Evidence from ASEAN,China, and India
title_short The Nexus between Economic Liberalisation and Economic Growth:Empirical Evidence from ASEAN,China, and India
title_sort nexus between economic liberalisation and economic growth:empirical evidence from asean,china, and india
topic H Social Sciences (General)
url http://ir.unimas.my/id/eprint/17943/
http://ir.unimas.my/id/eprint/17943/
http://ir.unimas.my/id/eprint/17943/
http://ir.unimas.my/id/eprint/17943/1/Selvarajan.pdf