Exchange rate stability and import penetration: The case of Malaysia and Singapore
In this research, the relationship of nominal exchange rate stability and import penetration between Malaysia (developing economy) and Singapore (developed economy) are being examined. The time series data employed in this research consist of annual data ranging from year 1980 to 2010. The method...
| Main Author: | |
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| Format: | Thesis |
| Language: | English |
| Published: |
Universiti Malaysia Sarawak, (UNIMAS)
2013
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/9078/ http://ir.unimas.my/id/eprint/9078/2/Tyson%28fulltext%29.pdf |
| _version_ | 1848836489089122304 |
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| author | Teo, Tyson Chih Soon |
| author_facet | Teo, Tyson Chih Soon |
| author_sort | Teo, Tyson Chih Soon |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | In this research, the relationship of nominal exchange rate stability and import
penetration between Malaysia (developing economy) and Singapore (developed
economy) are being examined. The time series data employed in this research consist
of annual data ranging from year 1980 to 2010. The methodology applied in this
research comprises of Augmented Dickey Fuller (ADF) unit root test, Johansen and
Juselius cointegration test as well as Granger causality test based on Vector Error
Correction Model (VECMY In the cases for both countries under review, the
Co integration test shows that there is an existence of long run equilibrium linkage
between both variables employed. Also, in short run, the Granger causality test
shows a positive bi-directional relationship from the independent variable (nominal
exchange rate stability) to dependent variable (import penetration ratio). Though the
relationship of both variables is similar between both countries, the degree of its
relationship varies. |
| first_indexed | 2025-11-15T06:24:34Z |
| format | Thesis |
| id | unimas-9078 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:24:34Z |
| publishDate | 2013 |
| publisher | Universiti Malaysia Sarawak, (UNIMAS) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-90782023-05-02T08:13:50Z http://ir.unimas.my/id/eprint/9078/ Exchange rate stability and import penetration: The case of Malaysia and Singapore Teo, Tyson Chih Soon HG Finance In this research, the relationship of nominal exchange rate stability and import penetration between Malaysia (developing economy) and Singapore (developed economy) are being examined. The time series data employed in this research consist of annual data ranging from year 1980 to 2010. The methodology applied in this research comprises of Augmented Dickey Fuller (ADF) unit root test, Johansen and Juselius cointegration test as well as Granger causality test based on Vector Error Correction Model (VECMY In the cases for both countries under review, the Co integration test shows that there is an existence of long run equilibrium linkage between both variables employed. Also, in short run, the Granger causality test shows a positive bi-directional relationship from the independent variable (nominal exchange rate stability) to dependent variable (import penetration ratio). Though the relationship of both variables is similar between both countries, the degree of its relationship varies. Universiti Malaysia Sarawak, (UNIMAS) 2013 Thesis NonPeerReviewed text en http://ir.unimas.my/id/eprint/9078/2/Tyson%28fulltext%29.pdf Teo, Tyson Chih Soon (2013) Exchange rate stability and import penetration: The case of Malaysia and Singapore. Masters thesis, Universiti Malaysia Sarawak, (UNIMAS). |
| spellingShingle | HG Finance Teo, Tyson Chih Soon Exchange rate stability and import penetration: The case of Malaysia and Singapore |
| title | Exchange rate stability and import penetration: The case of Malaysia and Singapore |
| title_full | Exchange rate stability and import penetration: The case of Malaysia and Singapore |
| title_fullStr | Exchange rate stability and import penetration: The case of Malaysia and Singapore |
| title_full_unstemmed | Exchange rate stability and import penetration: The case of Malaysia and Singapore |
| title_short | Exchange rate stability and import penetration: The case of Malaysia and Singapore |
| title_sort | exchange rate stability and import penetration: the case of malaysia and singapore |
| topic | HG Finance |
| url | http://ir.unimas.my/id/eprint/9078/ http://ir.unimas.my/id/eprint/9078/2/Tyson%28fulltext%29.pdf |