Balance-Of-Payments-Constrained Growth Model: Empirical Evidence from Malaysia

Tuck Cheong Tang

Balance-Of-Payments-Constrained Growth Model: Empirical Evidence from Malaysia

Authors

Tuck Cheong Tang School of Business Monash University Malaysia

Keywords:

Harrod-Thirlwall balance-of-payments-constrained growth model, bounds test, cointegration, exports, income

Abstract

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.

Additional Files

Published

29-06-2005

How to Cite

Tang, T. C. (2005). Balance-Of-Payments-Constrained Growth Model: Empirical Evidence from Malaysia. International Journal of Management Studies, 12(1), 59–75. Retrieved from https://e-journal.uum.edu.my/index.php/ijms/article/view/9198