Exports, export composition and growth: Cointegration and causality evidence for Malaysia
APPLIED ECONOMICS, cilt.29, sa.2, ss.213-223, 1997 (SSCI, Scopus)
- 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.