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Balance-of-payments-constrained growth model: Empirical evidence from Malaysia

Tuck, Cheong Tang (2005) Balance-of-payments-constrained growth model: Empirical evidence from Malaysia. International Journal of Management Studies (IJMS), 12 (1). pp. 59-75. ISSN 0127-8983

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Official URL: http://ijms.uum.edu.my


Applying cointegration approach, the present study aims to examine the validity of the Harrod Thirlwall balance-of-payments-constrained growth model in Malaysia. The results show that real income and real exports are not cointegrated during the period 1960-2000. This reveals that the Harrod- Thirlwall balance-of-payments-constrained growth hypothesis has not been supported in Malaysia.

Item Type: Article
Uncontrolled Keywords: Harrod-Thirlwall balance-of-payments-constrained growth model; bounds test; cointegration; exports; income
Subjects: H Social Sciences > HB Economic Theory
Depositing User: Mrs. Norazmilah Yaakub
Date Deposited: 30 Sep 2010 01:29
Last Modified: 30 Sep 2010 01:29
URI: http://repo.uum.edu.my/id/eprint/679

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