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This study investigates the trends of manufacturing export from China and ASEAN-5 (Indonesia, Malaysia, Philippines, Thailand, and Singapore). The Balassa revealed comparative advantage (RCA) method was used to study the trade flows from these nations. The strength of the export specialization...
Persistent link: https://www.econbiz.de/10008672447
Many economists have argued that prolonged fiscal expansions contribute to current account imbalances. The purpose of this paper is to explore this phenomenon in the case of Sri Lanka during the period 1970 to 2003. In this study, the autoregressive distributed lag (ARDL) model and the bounds...
Persistent link: https://www.econbiz.de/10011135989
This paper presents an empirical analysis of the aggregated import demand behaviour for Malaysia. The study involved a small sample of annual data from 1970 to 1998. To estimate the long-term relationship between import demand, and its determinants, namely income and relative prices, a robust...
Persistent link: https://www.econbiz.de/10009189220
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This paper examines the endogenous money supply hypothesis in the Malaysian environment from 1985 to 2000. The results are consistent with the Post Keynesian hypothesis, whereby the money supply in Malaysia was endogenous over the study period. The empirical results also showed a long-run...
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