Document Type
Conference Item
Publication Date
1-1-2008
Abstract
The development of Malaysia after 1970s is very much dependent on export sector as the engine of growth. However, some economists argue that dependence on export is among the factors that contribute to the financial crisis in 1997. Using aggregate production function and unconventional input as theoretical model, with data starting from 1988 until 2004, it is found that export led growth hypothesis for the period of study is rejected. The engine of growth for Malaysia for the period of study is caused by domestic market and not from foreign sector. This result challenges the superiority of outward oriented kind of policy for economic growth.
Keywords
Export led growth, Malaysia
Divisions
Faculty_of_Business_and_Accountancy
Event Title
International Business Research Conference
Event Location
Melbourne, Australia
Event Dates
24-26 November 2008
Event Type
conference