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 73
- Downloads 0
The Imperatives of Sustainability Management Accounting System (SMAS) For Developing Country: The case of Nigeria.
Abstract: This research study is set out to determine the imperatives for Sustainability Management Accounting System ( SMAS) implementation across manufacturing organisations in Developing Countries . The researcher ado...
The Role of Agriculture in Economic Development: An Indian Perspective
Abstract: This study examines the potential role that primary sector activity can play in long term economic growth. It provides an overview of conceptual arguments and empirical evidence on contribution of agriculture s...
Head teachers’ Computer Competency and Computerized Management Systems Adoption in Public Primary Schools, Kadibo Division, Kenya
Introduction of education management information systems may contribute to improved management and academic performance. Kenyan schools however still use manual record keeping for daily managerial activities. Relationshi...
Adaptive governance for food security in China: A review
Abstract: Food security concept originated in the mid-seventies of the twentieth century. This paper mainly discusses the food safety of society, family and individuals. Especially in China, with the increasing number of...
Problems of Medium and Small Scale Industries in Srirangapatana Taluk of Karnataka
The medium and small scale industries have emerged as one of the important sector in the development of the economy. The growth of small-scale industries is hampered by an assortment of problems. The problems of the MSME...