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Trade openness and economic growth in Malaysia: some time - series analysis

Makun, Keshmeer (2017) Trade openness and economic growth in Malaysia: some time - series analysis. Foreign Trade Review, 52 (3). pp. 157-170. ISSN 0015-7325

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This study is an attempt to examine the effects of trade openness along with two other conditioning variables on economic growth in Malaysia by applying time-series econometric technique. LSE-Henry’s general to specific approach results show significant positive effect of trade openness on growth. Human capital and good economic policies tested with an interaction term increases the growth effects of trade openness. The addition of these variables and findings are significant statistically and robust to different specifications. On the basis of the findings, it is concluded that while trade openness enhance growth, decision makers should also focus on human capital development. In addition, decision makers should ensure good economic policies to take full benefit of trade openness.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of Business and Economics (FBE) > School of Economics
Depositing User: Keshmeer Makun
Date Deposited: 03 Jun 2020 00:06
Last Modified: 03 Jun 2020 00:06

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