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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Main Authors: Sathyamoorthy, Vidhya, Tang, Tuck Cheong
Format: Article
Published: Universiti Putra Malaysia 2019
Subjects:
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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.
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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