Trade liberalization and manufacturing growth in Malaysia : a cointegration analysis / Karunagaran Madhavan, Deviga Vengedasalam and Veera Pandiyan Kaliani Sundram
This study examines the impact oftrade liberalization in the manufacturing sector in Malaysia. The theoretical framework for this study employs the Lucas model of "human capital model ofendogenous model". This study also uses the cointegration test and error correction techniques to measur...
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| Format: | Article |
| Language: | English |
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Institute of Research, Development and Commercialization (IRDC)
2006
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| Online Access: | https://ir.uitm.edu.my/id/eprint/12969/1/AJ_KARUNAGARAN%20MADHAVAN%20SMRJ%2006%201.pdf |
| _version_ | 1796899816489353216 |
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| author | Madhavan, Karunagaran Vengedasalam, Deviga Kaliani Sundram, Veera Pandiyan |
| author_facet | Madhavan, Karunagaran Vengedasalam, Deviga Kaliani Sundram, Veera Pandiyan |
| author_sort | Madhavan, Karunagaran |
| collection | UITM |
| description | This study examines the impact oftrade liberalization in the manufacturing sector in Malaysia. The theoretical framework for this study employs the Lucas model of "human capital model ofendogenous model". This study also uses the cointegration test and error correction techniques to measure the impact oftrade liberalization on Malaysian manufacturing sector during the period /963 - 2003. The empirical results ofcointegration test suggest that there exists a long run relationship between manufacturing output and its determinants of trade liberalization, labour, capital and education level. This study uses the error correction model (ECM) to determine the short-run dynamics around the equilibrium relationship and suggest that labour and trade liberalization have emerged as significant determinants for the manufacturing output in Malaysia. |
| first_indexed | 2024-03-06T01:26:30Z |
| format | Article |
| id | oai:ir.uitm.edu.my:12969 |
| institution | Universiti Teknologi MARA |
| language | English |
| last_indexed | 2024-03-06T01:26:30Z |
| publishDate | 2006 |
| publisher | Institute of Research, Development and Commercialization (IRDC) |
| record_format | dspace |
| spelling | oai:ir.uitm.edu.my:129692016-06-09T16:17:58Z https://ir.uitm.edu.my/id/eprint/12969/ Trade liberalization and manufacturing growth in Malaysia : a cointegration analysis / Karunagaran Madhavan, Deviga Vengedasalam and Veera Pandiyan Kaliani Sundram smrj Madhavan, Karunagaran Vengedasalam, Deviga Kaliani Sundram, Veera Pandiyan Business cycles. Economic fluctuations. Economic indicators Malaysia Environmental policy and economic development. Sustainable development. Environmental management This study examines the impact oftrade liberalization in the manufacturing sector in Malaysia. The theoretical framework for this study employs the Lucas model of "human capital model ofendogenous model". This study also uses the cointegration test and error correction techniques to measure the impact oftrade liberalization on Malaysian manufacturing sector during the period /963 - 2003. The empirical results ofcointegration test suggest that there exists a long run relationship between manufacturing output and its determinants of trade liberalization, labour, capital and education level. This study uses the error correction model (ECM) to determine the short-run dynamics around the equilibrium relationship and suggest that labour and trade liberalization have emerged as significant determinants for the manufacturing output in Malaysia. Institute of Research, Development and Commercialization (IRDC) 2006 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/12969/1/AJ_KARUNAGARAN%20MADHAVAN%20SMRJ%2006%201.pdf Trade liberalization and manufacturing growth in Malaysia : a cointegration analysis / Karunagaran Madhavan, Deviga Vengedasalam and Veera Pandiyan Kaliani Sundram. (2006) Social and Management Research Journal (SMRJ) <https://ir.uitm.edu.my/view/publication/Social_and_Management_Research_Journal_=28SMRJ=29/>, 3 (1). pp. 1-9. ISSN 1675-7017 https://smrj.uitm.edu.my/ |
| spellingShingle | Business cycles. Economic fluctuations. Economic indicators Malaysia Environmental policy and economic development. Sustainable development. Environmental management Madhavan, Karunagaran Vengedasalam, Deviga Kaliani Sundram, Veera Pandiyan Trade liberalization and manufacturing growth in Malaysia : a cointegration analysis / Karunagaran Madhavan, Deviga Vengedasalam and Veera Pandiyan Kaliani Sundram |
| title | Trade liberalization and manufacturing growth in Malaysia : a cointegration analysis / Karunagaran Madhavan, Deviga Vengedasalam and Veera Pandiyan Kaliani Sundram |
| title_full | Trade liberalization and manufacturing growth in Malaysia : a cointegration analysis / Karunagaran Madhavan, Deviga Vengedasalam and Veera Pandiyan Kaliani Sundram |
| title_fullStr | Trade liberalization and manufacturing growth in Malaysia : a cointegration analysis / Karunagaran Madhavan, Deviga Vengedasalam and Veera Pandiyan Kaliani Sundram |
| title_full_unstemmed | Trade liberalization and manufacturing growth in Malaysia : a cointegration analysis / Karunagaran Madhavan, Deviga Vengedasalam and Veera Pandiyan Kaliani Sundram |
| title_short | Trade liberalization and manufacturing growth in Malaysia : a cointegration analysis / Karunagaran Madhavan, Deviga Vengedasalam and Veera Pandiyan Kaliani Sundram |
| title_sort | trade liberalization and manufacturing growth in malaysia a cointegration analysis karunagaran madhavan deviga vengedasalam and veera pandiyan kaliani sundram |
| topic | Business cycles. Economic fluctuations. Economic indicators Malaysia Environmental policy and economic development. Sustainable development. Environmental management |
| url | https://ir.uitm.edu.my/id/eprint/12969/1/AJ_KARUNAGARAN%20MADHAVAN%20SMRJ%2006%201.pdf |
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