The Comparative Advantage of Malaysia Manufactured Exports
Journal Title: Saudi Journal of Business and Management Studies - Year 2017, Vol 2, Issue 5
Abstract
Abstract: This paper analyses the changes of trade pattern for Malaysia’s exports by calculating reveal comparative advantage (RCA) indices over time. This study is based on 144 manufactures comparative advantage in the world and Vietnam market. It classifies 144 kinds of manufactures by technology level into five general groups and nine small groups, which cover the majority of Malaysia’s manufactured goods. This paper undertakes an analysis of the comparative advantage of Malaysia manufactured goods from 2010 to 2015. The results indicate that most of the products with comparative advantage in the world market are high technology products, particularly E&E products and process industries products. In term of Vietnam market, agriculture-based products and process industries are more dominance. However, Malaysia manufactured products competitiveness in Vietnam market have shifted from low technology products to medium technology products which indicates the same pattern with the world. Keywords: Malaysia, Manufactured goods, Exports, Comparative advantage, RCA index, Vietnam
Authors and Affiliations
Nazirah Zam, Noor Azuddin Yakob
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