Balance-of-payments-constrained growth model: Empirical evidence from Malaysia
Applying cointegration approach, the present study aims to examine the validity of the Harrod Thirlwall balance-of-payments-constrained growth model in Malaysia. The results show that real income and real exports are not cointegrated during the period 1960-2000. This reveals that the Harrod- Thirlwa...
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Format: | Article |
Language: | English |
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Universiti Utara Malaysia
2005
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Online Access: | http://repo.uum.edu.my/679/1/Tuck_Cheong_Tang.pdf http://repo.uum.edu.my/679/ http://ijms.uum.edu.my |
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