New empirical evidence on the effects of capital controls on composition of capital flows in Malaysia

Soo Khoon Goh

Applied Economics, 2005, vol. 37, issue 13, 1491-1503

Abstract: This study aims to examine the effect of capital controls on composition capital flows in Malaysia. Under predetermined exchange rate rules, the contribution of selective controls is to increase monetary autonomy, without taxing private long-term capital flow or foreign direct investment. Although the selective capital controls in Malaysia tax only some components of capital flows, the study shows, after controlling other factors, the controls not only reduce the total flows (hence increase monetary autonomy), but to some extent affected the private long-term flows.

Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00036840500118952 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:applec:v:37:y:2005:i:13:p:1491-1503

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/00036840500118952

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().