Is the export led growth hypothesis valid for Malaysia?

Shahrin, A.R. and Shaharudin, R.S. and Abdull Mutalip, M.L (2008) Is the export led growth hypothesis valid for Malaysia? In: International Business Research Conference, 24-26 November 2008, Melbourne, Australia.

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The development of Malaysia after 1970s is very much dependent on export sector as the engine of growth. However, some economists argue that dependence on export is among the factors that contribute to the financial crisis in 1997. Using aggregate production function and unconventional input as theoretical model, with data starting from 1988 until 2004, it is found that export led growth hypothesis for the period of study is rejected. The engine of growth for Malaysia for the period of study is caused by domestic market and not from foreign sector. This result challenges the superiority of outward oriented kind of policy for economic growth.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Export led growth; Malaysia;
Subjects: H Social Sciences > HF Commerce > Business
Divisions: Faculty of Business and Economics
Depositing User: Mr. Mohd Samsul Ismail
Date Deposited: 17 Jul 2014 07:55
Last Modified: 17 Jul 2014 07:55

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