Investigating the asymmetric effect of oil price on the economic growth in Malaysia: applying augmented ARDL and nonlinear ARDL techniques
This paper attempts to investigate if the effect of oil price on growth is asymmetrical for Malaysia, a small-open-dynamic oil-exporting country, over a period from 1981 to 2017. The empirical method employed in this study is the augmented autoregressive distributed lag model (ARDL) bound test appro...
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Sage Publications
2022
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