Trade Openness in Malaysia: Evidence from Trade with ASEAN and Australasian Countries
Journal Title: Scholars Journal of Economics, Business and Management - Year 2016, Vol 3, Issue 12
Abstract
Abstract:There is a large literature that relates trade openness and economic growth. My literature survey suggests that Malaysia’s WTO accession, active participation in regional trading agreements, trade policy reform in agricultural and manufacturing sectors, government reforms encouraging economic competitiveness and lower trade cost are among the main reasons for explaining Malaysia trade performance and openness. Apart from the role that trade openness has played in Malaysia’s economy, this paper’s gravity model empirical regression results suggest that other factors such as distance, per capita income in Malaysia and its trading partner and exchange rate also explain significantly Malaysian trade performance with its regional counterparts, namely the major ASEAN and Australasian countries. Keywords:Malaysia, trade performance, ASEAN, economy
Authors and Affiliations
Dr. Rafiq Idris
Keywords
Related Articles
- EP ID EP383196
- DOI -
- Views 51
- Downloads 0
Women and Educational Management: Perceptions of teachers in primary education
Abstract: Despite the legal equality of the sexes, the mass exodus of women in the workplace, the large numerical presence in education and the high rates of women who seek their expertise through university studies, the...
Drivers of Crop Distribution and Duration Diversification among Small holder Farmers in Kenya
Agriculture is the most important sector in the Kenya. Crop farming in Mathira East District is characterized by different forms of diversification. However, there is little knowledge on specific drivers of diversificati...
Ownership of Blockholders and Agency Cost: Evidence from Pakistan
Abstract: Purpose of the study is to analyze the effectiveness and efficiency of monitoring power and performance of equity holders, who have ownership in blocks, in minimizing and controlling the agency cost in Pakistan...
Diversification of Export of Indian Raw-Hide and Skin
Abstract: Leather and leather product is a pioneer whether we talk about domestic or international market. It is an important non-farm activity employing, landless, small and marginal farmers in rural area and even urban...
The Effect of Exchange Rate on Agricultural Commodity and Pricing on Nigeria: 2009-2014
This study on the Effect of Exchange Rate on Agricultural Commodity and Pricing on Nigeria: 2009-2014 is carried out of necessity. The exchange rate volatility in Nigeria has reached the level that even market women who...