CHOONG, CHEE-KEONG; YUSOP, ZULKORNAIN; SOO, SIEW-CHOO - In: The Singapore Economic Review (SER) 50 (2005) 02, pp. 245-268
This study aims to incorporate the role of domestic financial system in transferring the technological diffusion embodied in FDI inflows on the Malaysian economy from 1970–2001. Applying bound test, or unrestricted error correction model (UECM) proposed by Pesaran et al. (2001), the presence...