Is the export led growth hypothesis valid for Malaysia?

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 theo...

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Main Authors: Shahrin, A.R., Shaharudin, R.S., Abdull Mutalip, M.L
Format: Conference or Workshop Item
Language:English
Published: 2008
Subjects:
Online Access:http://eprints.um.edu.my/10364/1/214-Lukman.doc
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author Shahrin, A.R.
Shaharudin, R.S.
Abdull Mutalip, M.L
author_facet Shahrin, A.R.
Shaharudin, R.S.
Abdull Mutalip, M.L
author_sort Shahrin, A.R.
collection UM
description 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.
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spelling um.eprints-103642014-07-17T07:55:55Z http://eprints.um.edu.my/10364/ Is the export led growth hypothesis valid for Malaysia? Shahrin, A.R. Shaharudin, R.S. Abdull Mutalip, M.L Business 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. 2008 Conference or Workshop Item PeerReviewed application/msword en http://eprints.um.edu.my/10364/1/214-Lukman.doc 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.
spellingShingle Business
Shahrin, A.R.
Shaharudin, R.S.
Abdull Mutalip, M.L
Is the export led growth hypothesis valid for Malaysia?
title Is the export led growth hypothesis valid for Malaysia?
title_full Is the export led growth hypothesis valid for Malaysia?
title_fullStr Is the export led growth hypothesis valid for Malaysia?
title_full_unstemmed Is the export led growth hypothesis valid for Malaysia?
title_short Is the export led growth hypothesis valid for Malaysia?
title_sort is the export led growth hypothesis valid for malaysia
topic Business
url http://eprints.um.edu.my/10364/1/214-Lukman.doc
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