An analysis of export performance and economic growth of Malaysia using co-integration and error correction model

This paper aims to test the relationship between export and economic growth in the Malaysian economy from 1960 to 2005. Combining production function, and international trade and development theories, a five variable model is specified and estimated by using cointegration tests and error correction...

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Main Authors:	Sulaiman, Muna, Md Saad, Norma
Format:	Article
Language:	English
Published:	2009
Subjects:	HB71 Economics as a science
Online Access:	http://irep.iium.edu.my/10440/ http://irep.iium.edu.my/10440/1/analysis_of_export_performance.pdf

id	iium-10440
recordtype	eprints
spelling	iium-104402016-10-20T07:47:37Z http://irep.iium.edu.my/10440/ An analysis of export performance and economic growth of Malaysia using co-integration and error correction model Sulaiman, Muna Md Saad, Norma HB71 Economics as a science This paper aims to test the relationship between export and economic growth in the Malaysian economy from 1960 to 2005. Combining production function, and international trade and development theories, a five variable model is specified and estimated by using cointegration tests and error correction model. Multivariate cointegration results revealed that there exists a single cointegrating vector in the estimated system. This means that these variables are linked together in achieving their steady state equilibrium in the long run. From the estimation of the specified model, we reported that there is a positive relationship between export and economic growth in the long run and short run at 5 percent significance level in the Malaysian economy. Besides, our results suggest that capital has positive impacts on economic growth in the short-term and long-term but labor has an impact on economic growth only in the long run. For imports, it is proven that it has a negative relationship with economic growth. 2009 Article PeerReviewed application/pdf en http://irep.iium.edu.my/10440/1/analysis_of_export_performance.pdf Sulaiman, Muna and Md Saad, Norma (2009) An analysis of export performance and economic growth of Malaysia using co-integration and error correction model. Journal of Developing Areas, 43 (1). pp. 217-231. ISSN 1548-2278
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HB71 Economics as a science
spellingShingle	HB71 Economics as a science Sulaiman, Muna Md Saad, Norma An analysis of export performance and economic growth of Malaysia using co-integration and error correction model
description	This paper aims to test the relationship between export and economic growth in the Malaysian economy from 1960 to 2005. Combining production function, and international trade and development theories, a five variable model is specified and estimated by using cointegration tests and error correction model. Multivariate cointegration results revealed that there exists a single cointegrating vector in the estimated system. This means that these variables are linked together in achieving their steady state equilibrium in the long run. From the estimation of the specified model, we reported that there is a positive relationship between export and economic growth in the long run and short run at 5 percent significance level in the Malaysian economy. Besides, our results suggest that capital has positive impacts on economic growth in the short-term and long-term but labor has an impact on economic growth only in the long run. For imports, it is proven that it has a negative relationship with economic growth.
format	Article
author	Sulaiman, Muna Md Saad, Norma
author_facet	Sulaiman, Muna Md Saad, Norma
author_sort	Sulaiman, Muna
title	An analysis of export performance and economic growth of Malaysia using co-integration and error correction model
title_short	An analysis of export performance and economic growth of Malaysia using co-integration and error correction model
title_full	An analysis of export performance and economic growth of Malaysia using co-integration and error correction model
title_fullStr	An analysis of export performance and economic growth of Malaysia using co-integration and error correction model
title_full_unstemmed	An analysis of export performance and economic growth of Malaysia using co-integration and error correction model
title_sort	analysis of export performance and economic growth of malaysia using co-integration and error correction model
publishDate	2009
url	http://irep.iium.edu.my/10440/ http://irep.iium.edu.my/10440/1/analysis_of_export_performance.pdf
first_indexed	2023-09-18T20:19:52Z
last_indexed	2023-09-18T20:19:52Z
_version_	1777408034963718144

An analysis of export performance and economic growth of Malaysia using co-integration and error correction model

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