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Exports, export composition and growth: cointegration and causality evidence for Malaysia

Subrata Ghatak, Chris Milner and Utku Utkulu ()

Applied Economics, 1997, vol. 29, issue 2, 213-223

Abstract: This paper comprehensively tests the export-led growth (ELG) hypothesis for Malaysia for the period 1955 - 90, using cointegration and causality testing based on Hsiao's synthesis of the Granger test and Akaike's minimum final prediction error criterion. The results provide support for the ELG hypothesis; aggregate exports Granger-cause real GDP and non-export GDP. This relationship is found to be driven by manufactured exports rather than by traditional exports.

Date: 1997
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DOI: 10.1080/000368497327272

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