Exports, export composition and growth: Cointegration and causality evidence for Malaysia

Ghatak S., Milner C., UTKULU U.

APPLIED ECONOMICS, cilt.29, sa.2, ss.213-223, 1997 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 29 Sayı: 2
  • Basım Tarihi: 1997
  • Doi Numarası: 10.1080/000368497327272
  • Dergi Adı: APPLIED ECONOMICS
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Sayfa Sayıları: ss.213-223
  • Dokuz Eylül Üniversitesi Adresli: Evet

Özet

This paper comprehensively tests the export-led growth (ELG) hypothesis for Malaysia for the period 1955-90, using cointegration and causality testing based on Hsiao's synthesis of the Granger test and Akaike's minimum final prediction error criterion. The results provide support for the ELG hypothesis; aggregate exports Granger-cause real GDP and non-export GDP. This relationship is found to be driven by manufactured exports rather than by traditional exports.