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Jurnal Ekonomi Malaysia

27 1993 85 – 97

Export-Led Growth Hypothesis : An Empirical Evidence of Malaysia

Jabatan Ekonomi
Fakulti Ekonomi & Pengurusan
Universiti Pertanian Malaysia
43400 Serdang
Selangor Darul Ehsan


Abstract

This paper empirically investigates export-led growth hypothesis in total Malaysian exports and exports to dynamic Asia-Pacific and non-Asia-Pacific countries by using a three-variable vector autoregressive (VAR) model. The model was subjected to three different causality test procedures; Granger’s causality, Hsiao’ s technique and variance decomposition. The results indicate that export-led growth hypothesis is supported in two out of three series used and exports to Asia-Pacific counties have helped Malaysia to enjoy a high growth rate.

Author’s Acknowledgement

The author is indebted to Dr. Nurul Islam and Dr. Douglas Willson of
Concordia University for constructive comments on an earlier version of
this paper.

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abdullah, (1993). Export-Led Growth Hypothesis : An Empirical Evidence of Malaysia. Jurnal Ekonomi Malaysia, 27, 85–97.

@article{Abdullah1993export,
  title={Export-Led Growth Hypothesis : An Empirical Evidence of Malaysia},
  author={abdullah, ahmad},
  journal={Jurnal Ekonomi Malaysia},
  volume={27},
  number={},
  pages={85—97},
 

year={1993},
}

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