Does institutional quality matter for the success of export-led growth?
This study aims to examine the influence of institutional quality on Export-led Growth (ELG) strategy with 125 countries' results. Toda and Yamamoto (1995) approach is employed to ascertain their causality between exports and growth, while both contingency table and binary logit models are for...
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Universiti Putra Malaysia
2019
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author | Sathyamoorthy, Vidhya Tang, Tuck Cheong |
author_facet | Sathyamoorthy, Vidhya Tang, Tuck Cheong |
author_sort | Sathyamoorthy, Vidhya |
collection | UM |
description | This study aims to examine the influence of institutional quality on Export-led Growth (ELG) strategy with 125 countries' results. Toda and Yamamoto (1995) approach is employed to ascertain their causality between exports and growth, while both contingency table and binary logit models are for determining the influence of institutional quality on ELG from three dimensions, namely political, legal, and economics. This study finds that only 35 countries are supported by ELG hypothesis, while institutional quality does not really matter for the success of ELG, except for economic institutional quality. The results have important implications to policymakers and for further research in this field. © 2019, Universita Putra Malaysia. |
first_indexed | 2024-03-06T06:00:05Z |
format | Article |
id | um.eprints-23514 |
institution | Universiti Malaya |
last_indexed | 2024-03-06T06:00:05Z |
publishDate | 2019 |
publisher | Universiti Putra Malaysia |
record_format | dspace |
spelling | um.eprints-235142020-01-21T07:43:28Z http://eprints.um.edu.my/23514/ Does institutional quality matter for the success of export-led growth? Sathyamoorthy, Vidhya Tang, Tuck Cheong HF Commerce This study aims to examine the influence of institutional quality on Export-led Growth (ELG) strategy with 125 countries' results. Toda and Yamamoto (1995) approach is employed to ascertain their causality between exports and growth, while both contingency table and binary logit models are for determining the influence of institutional quality on ELG from three dimensions, namely political, legal, and economics. This study finds that only 35 countries are supported by ELG hypothesis, while institutional quality does not really matter for the success of ELG, except for economic institutional quality. The results have important implications to policymakers and for further research in this field. © 2019, Universita Putra Malaysia. Universiti Putra Malaysia 2019 Article PeerReviewed Sathyamoorthy, Vidhya and Tang, Tuck Cheong (2019) Does institutional quality matter for the success of export-led growth? International Journal of Economics and Management, 13 (2). pp. 407-420. ISSN 1823-836X, http://www.ijem.upm.edu.my/vol13no2/11)%20Does%20Institutional%20Quality%20Matter.pdf |
spellingShingle | HF Commerce Sathyamoorthy, Vidhya Tang, Tuck Cheong Does institutional quality matter for the success of export-led growth? |
title | Does institutional quality matter for the success of export-led growth? |
title_full | Does institutional quality matter for the success of export-led growth? |
title_fullStr | Does institutional quality matter for the success of export-led growth? |
title_full_unstemmed | Does institutional quality matter for the success of export-led growth? |
title_short | Does institutional quality matter for the success of export-led growth? |
title_sort | does institutional quality matter for the success of export led growth |
topic | HF Commerce |
work_keys_str_mv | AT sathyamoorthyvidhya doesinstitutionalqualitymatterforthesuccessofexportledgrowth AT tangtuckcheong doesinstitutionalqualitymatterforthesuccessofexportledgrowth |