Outward FDI of Malaysia: An Empirical Examination from Macroeconomic Perspective

Outward FDI of Malaysia was nearly non-existent prior to 1970s. Nonetheless, recently Malaysia has not only been able to sustain FDI inflows position, but also emerged as the fifth largest investor among the developing economies in Asia region (UNTACD, 2005). This study aims to investigate the selec...

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Main Authors: Jerome, Kueh, Puah, Chin-Hong, Albert, Apoi
Format: E-Article
Language:English
Published: 2008
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Online Access:http://ir.unimas.my/id/eprint/18542/1/EB-07F20037A.pdf
http://ir.unimas.my/id/eprint/18542/
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spelling my.unimas.ir.185422017-11-16T01:45:27Z http://ir.unimas.my/id/eprint/18542/ Outward FDI of Malaysia: An Empirical Examination from Macroeconomic Perspective Jerome, Kueh Puah, Chin-Hong Albert, Apoi HB Economic Theory Outward FDI of Malaysia was nearly non-existent prior to 1970s. Nonetheless, recently Malaysia has not only been able to sustain FDI inflows position, but also emerged as the fifth largest investor among the developing economies in Asia region (UNTACD, 2005). This study aims to investigate the selected macroeconomic determinants of outward FDI of Malaysia, namely income, exchange rate and openness. The Johansen and Juselius cointegration test and the vector error correction model are applied in this study to analyze the quarterly data from 1991:Q1 to 2004:Q4. The findings verified that the outward FDI of Malaysia is determined by income, exchange rate and openness of the economy in both the short-and long-run. 2008-07-23 E-Article PeerReviewed text en http://ir.unimas.my/id/eprint/18542/1/EB-07F20037A.pdf Jerome, Kueh and Puah, Chin-Hong and Albert, Apoi (2008) Outward FDI of Malaysia: An Empirical Examination from Macroeconomic Perspective. Outward FDI of Malaysia: An Empirical Examination from Macroeconomic Perspective, 6 (28). pp. 1-11.
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HB Economic Theory
spellingShingle HB Economic Theory
Jerome, Kueh
Puah, Chin-Hong
Albert, Apoi
Outward FDI of Malaysia: An Empirical Examination from Macroeconomic Perspective
description Outward FDI of Malaysia was nearly non-existent prior to 1970s. Nonetheless, recently Malaysia has not only been able to sustain FDI inflows position, but also emerged as the fifth largest investor among the developing economies in Asia region (UNTACD, 2005). This study aims to investigate the selected macroeconomic determinants of outward FDI of Malaysia, namely income, exchange rate and openness. The Johansen and Juselius cointegration test and the vector error correction model are applied in this study to analyze the quarterly data from 1991:Q1 to 2004:Q4. The findings verified that the outward FDI of Malaysia is determined by income, exchange rate and openness of the economy in both the short-and long-run.
format E-Article
author Jerome, Kueh
Puah, Chin-Hong
Albert, Apoi
author_facet Jerome, Kueh
Puah, Chin-Hong
Albert, Apoi
author_sort Jerome, Kueh
title Outward FDI of Malaysia: An Empirical Examination from Macroeconomic Perspective
title_short Outward FDI of Malaysia: An Empirical Examination from Macroeconomic Perspective
title_full Outward FDI of Malaysia: An Empirical Examination from Macroeconomic Perspective
title_fullStr Outward FDI of Malaysia: An Empirical Examination from Macroeconomic Perspective
title_full_unstemmed Outward FDI of Malaysia: An Empirical Examination from Macroeconomic Perspective
title_sort outward fdi of malaysia: an empirical examination from macroeconomic perspective
publishDate 2008
url http://ir.unimas.my/id/eprint/18542/1/EB-07F20037A.pdf
http://ir.unimas.my/id/eprint/18542/
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score 13.160551