Bounds Estimation for Trade Openness and Government Expenditure Nexus of ASEAN-4 Countries
Southeast Asia countries are encountering several challenges as they are moving towards the globalization and trade liberalization era. Due to that, government intervention is essential in ensuring that the economy is resilience against the severe implications of trade openness. Therefore, this stud...
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| Format: | Article |
| Language: | English |
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Universiti Malaysia Sarawak
2014
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| Online Access: | http://ir.unimas.my/id/eprint/2325/ http://ir.unimas.my/id/eprint/2325/1/Jerome.pdf |
| _version_ | 1848834959566962688 |
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| author | Kueh, Jerome Swee Hui Puah, Chin-Hong Wong, Chiew-Meu |
| author_facet | Kueh, Jerome Swee Hui Puah, Chin-Hong Wong, Chiew-Meu |
| author_sort | Kueh, Jerome Swee Hui |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | Southeast Asia countries are encountering several challenges as they are moving towards the globalization and trade liberalization era. Due to that, government intervention is essential in ensuring that the economy is resilience against the severe implications of trade openness. Therefore, this study aims to examine the relationship between trade openness and government expenditure of ASEAN-4 countries using the Autoregressive Distributed Lag [ARDL] bounds testing approach that covers a sample period of annually data from 1974-2006. Empirical results indicate that there is an existence of a significant positive long-run linkage between trade openness and government expenditure of all the ASEAN-4 countries under study. This means that government intervention in an open economy is crucial as to cushion the risks associated with trade liberalization. |
| first_indexed | 2025-11-15T06:00:16Z |
| format | Article |
| id | unimas-2325 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:00:16Z |
| publishDate | 2014 |
| publisher | Universiti Malaysia Sarawak |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-23252022-01-26T01:47:04Z http://ir.unimas.my/id/eprint/2325/ Bounds Estimation for Trade Openness and Government Expenditure Nexus of ASEAN-4 Countries Kueh, Jerome Swee Hui Puah, Chin-Hong Wong, Chiew-Meu HF Commerce Southeast Asia countries are encountering several challenges as they are moving towards the globalization and trade liberalization era. Due to that, government intervention is essential in ensuring that the economy is resilience against the severe implications of trade openness. Therefore, this study aims to examine the relationship between trade openness and government expenditure of ASEAN-4 countries using the Autoregressive Distributed Lag [ARDL] bounds testing approach that covers a sample period of annually data from 1974-2006. Empirical results indicate that there is an existence of a significant positive long-run linkage between trade openness and government expenditure of all the ASEAN-4 countries under study. This means that government intervention in an open economy is crucial as to cushion the risks associated with trade liberalization. Universiti Malaysia Sarawak 2014 Article NonPeerReviewed text en http://ir.unimas.my/id/eprint/2325/1/Jerome.pdf Kueh, Jerome Swee Hui and Puah, Chin-Hong and Wong, Chiew-Meu (2014) Bounds Estimation for Trade Openness and Government Expenditure Nexus of ASEAN-4 Countries. |
| spellingShingle | HF Commerce Kueh, Jerome Swee Hui Puah, Chin-Hong Wong, Chiew-Meu Bounds Estimation for Trade Openness and Government Expenditure Nexus of ASEAN-4 Countries |
| title | Bounds Estimation for Trade Openness and Government Expenditure Nexus of ASEAN-4 Countries |
| title_full | Bounds Estimation for Trade Openness and Government Expenditure Nexus of ASEAN-4 Countries |
| title_fullStr | Bounds Estimation for Trade Openness and Government Expenditure Nexus of ASEAN-4 Countries |
| title_full_unstemmed | Bounds Estimation for Trade Openness and Government Expenditure Nexus of ASEAN-4 Countries |
| title_short | Bounds Estimation for Trade Openness and Government Expenditure Nexus of ASEAN-4 Countries |
| title_sort | bounds estimation for trade openness and government expenditure nexus of asean-4 countries |
| topic | HF Commerce |
| url | http://ir.unimas.my/id/eprint/2325/ http://ir.unimas.my/id/eprint/2325/1/Jerome.pdf |