Export-Led Growth Hypothesis In Malaysia: An Investigation Using Bounds Test
The objective of this paper is to test the validity of the export-led growth hypothesis in the Malaysian economy using a more comprehensive sample period and a recent technique, that is, the bounds testing approach. Based on this model, both exports and labour force have stimulated positive adjustme...
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| Format: | Article |
| Language: | English |
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Sunway College
2005
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| Online Access: | http://ir.unimas.my/id/eprint/18605/ http://ir.unimas.my/id/eprint/18605/7/EXPORT-LED%20GROWTH%20HYPOTHESIS%20IN%20MALAYSIA%20%28abstract%29.pdf |
| _version_ | 1848838548101267456 |
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| author | Choong, Chee-Keong Zulkornain, Yusop Liew, Venus Khim-Sen |
| author_facet | Choong, Chee-Keong Zulkornain, Yusop Liew, Venus Khim-Sen |
| author_sort | Choong, Chee-Keong |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | The objective of this paper is to test the validity of the export-led growth hypothesis in the Malaysian economy using a more comprehensive sample period and a recent technique, that is, the bounds testing approach. Based on this model, both exports and labour force have stimulated positive adjustment to economic growth, whereas variables such as imports, exchange rate and the East Asian financial crisis are found to influence growth negatively. Moreover, a cointegrated relationship between exports and economic growth was detected in both the
long and short runs. Further analysis showed that exports Granger-cause economic growth in the period of study. Thus, this study provides further evidence to support the export-led growth hypothesis in the Malaysian economy. |
| first_indexed | 2025-11-15T06:57:18Z |
| format | Article |
| id | unimas-18605 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:57:18Z |
| publishDate | 2005 |
| publisher | Sunway College |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-186052017-11-27T01:51:44Z http://ir.unimas.my/id/eprint/18605/ Export-Led Growth Hypothesis In Malaysia: An Investigation Using Bounds Test Choong, Chee-Keong Zulkornain, Yusop Liew, Venus Khim-Sen HB Economic Theory The objective of this paper is to test the validity of the export-led growth hypothesis in the Malaysian economy using a more comprehensive sample period and a recent technique, that is, the bounds testing approach. Based on this model, both exports and labour force have stimulated positive adjustment to economic growth, whereas variables such as imports, exchange rate and the East Asian financial crisis are found to influence growth negatively. Moreover, a cointegrated relationship between exports and economic growth was detected in both the long and short runs. Further analysis showed that exports Granger-cause economic growth in the period of study. Thus, this study provides further evidence to support the export-led growth hypothesis in the Malaysian economy. Sunway College 2005 Article PeerReviewed text en http://ir.unimas.my/id/eprint/18605/7/EXPORT-LED%20GROWTH%20HYPOTHESIS%20IN%20MALAYSIA%20%28abstract%29.pdf Choong, Chee-Keong and Zulkornain, Yusop and Liew, Venus Khim-Sen (2005) Export-Led Growth Hypothesis In Malaysia: An Investigation Using Bounds Test. Sunway Academic Journal, 2. pp. 13-22. ISSN 1823-500X https://www.researchgate.net/publication/228973326 |
| spellingShingle | HB Economic Theory Choong, Chee-Keong Zulkornain, Yusop Liew, Venus Khim-Sen Export-Led Growth Hypothesis In Malaysia: An Investigation Using Bounds Test |
| title | Export-Led Growth Hypothesis In Malaysia: An Investigation Using Bounds Test |
| title_full | Export-Led Growth Hypothesis In Malaysia: An Investigation Using Bounds Test |
| title_fullStr | Export-Led Growth Hypothesis In Malaysia: An Investigation Using Bounds Test |
| title_full_unstemmed | Export-Led Growth Hypothesis In Malaysia: An Investigation Using Bounds Test |
| title_short | Export-Led Growth Hypothesis In Malaysia: An Investigation Using Bounds Test |
| title_sort | export-led growth hypothesis in malaysia: an investigation using bounds test |
| topic | HB Economic Theory |
| url | http://ir.unimas.my/id/eprint/18605/ http://ir.unimas.my/id/eprint/18605/ http://ir.unimas.my/id/eprint/18605/7/EXPORT-LED%20GROWTH%20HYPOTHESIS%20IN%20MALAYSIA%20%28abstract%29.pdf |