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Exports, export composition and growth : cointegration and causality evidence for Malaysia

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Abstract:

This paper comprehensively tests the export-led growth (ELG) hypothesis for Malaysia for the period 1955 - 90, using cointegration and causality testing based on Hsiao's synthesis of the Granger test and Akaike's minimum final prediction error criterion. The results provide support for the ELG hypothesis; aggregate exports Granger-cause real GDP and non-export GDP. This relationship is found to be driven by manufactured exports rather than by traditional exports.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/000368497327272

Publication date: February 1, 1997

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routledg/raef/1997/00000029/00000002/art00008
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