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Export-Led Growth Hypothesis : An Empirical Evidence of Malaysia

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  • abdullah, ahmad

    (Jabatan Ekonomi Fakulti Ekonomi & Pengurusan Universiti Pertanian Malaysia 43400 Serdang Selangor Darul Ehsan)

Abstract

This paper empirically investigates export-led growth hypothesis in total Malaysian exports and exports to dynamic Asia-Pacific and non-Asia-Pacific countries by using a three-variable vector autoregressive (VAR) model. The model was subjected to three different causality test procedures; Granger’s causality, Hsiao’ s technique and variance decomposition. The results indicate that export-led growth hypothesis is supported in two out of three series used and exports to Asia-Pacific counties have helped Malaysia to enjoy a high growth rate.

Suggested Citation

  • abdullah, ahmad, 1993. "Export-Led Growth Hypothesis : An Empirical Evidence of Malaysia," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 27, pages 85-97.
    • Handle: RePEc:ukm:jlekon:v:27:y:1993:i::p:85-97
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