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Managing Growth: The Role of Export, Inflation and Investment in three ASEAN Neighboring Countries

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  • Liwan, Audrey
  • Lau, Evan

Abstract

This study investigates the relationship between export, inflation, investment and economic growth for three ASEAN countries namely Indonesia, Malaysia, and Thailand. In general, the results revealed that export has a positive impact on growth. As for, Malaysia and Thailand, inflation has a negative impact on growth; while for Indonesia it has a positive impact. The inflation rate for Indonesia is almost consistent for a several years, which have lead to a positive relationship between inflation and growth. However, there is also a modest increase in the rate of inflation for certain years. The results also shows that investment have a positive impact on growth for Indonesia, Malaysia and Thailand.

Suggested Citation

  • Liwan, Audrey & Lau, Evan, 2007. "Managing Growth: The Role of Export, Inflation and Investment in three ASEAN Neighboring Countries," MPRA Paper 3952, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:3952
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    Cited by:

    1. Lee, Chin, 2013. "The Role of Macroeconomic Fundamentals in Malaysian Post Recession Growth," MPRA Paper 44808, University Library of Munich, Germany.
    2. Lim, Shiok Ye & Ho, Chong Mun, 2013. "Nonlinearity in ASEAN-5 export-led growth model: Empirical evidence from nonparametric approach," Economic Modelling, Elsevier, vol. 32(C), pages 136-145.
    3. Bee Wah Tan & Chor Foon Tang, 2016. "Examining the Causal Linkages among Domestic Investment, FDI, Trade, Interest Rate and Economic Growth in ASEAN-5 Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 6(1), pages 214-220.

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    More about this item

    Keywords

    Economic growth; export; inflation; investment; ASEAN;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General

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