Online from: 1974
Subject Area: Economics
Options: To add Favourites and Table of Contents Alerts please take a Emerald profile
|Title:||The effects of exchange rate variability on Malaysia's disaggregated electrical exports|
|Author(s):||Koi Nyen Wong, (School of Business, Monash University Malaysia, Selangor Darul Ehsan, Malaysia), Tuck Cheong Tang, (School of Business, Monash University Malaysia, Selangor Darul Ehsan, Malaysia)|
|Citation:||Koi Nyen Wong, Tuck Cheong Tang, (2008) "The effects of exchange rate variability on Malaysia's disaggregated electrical exports", Journal of Economic Studies, Vol. 35 Iss: 2, pp.154 - 169|
|Keywords:||Electrical goods, Exchange rates, Exports, Malaysia|
|Article type:||Research paper|
|DOI:||10.1108/01443580810870146 (Permanent URL)|
|Publisher:||Emerald Group Publishing Limited|
|Acknowledgements:||JEL classification – C22, F14|
Purpose – This paper aims to examine the influence of exchange rate variability on the demand for Malaysia's top five electrical exports as classified by Standard International Trade Classification (SITC) product groups.
Design/methodology/approach – The autoregressive distributed lag (ARDL) modelling approach to co-integration is employed in order to estimate the influence of exchange rate variability on export demand.
Findings – The empirical results indicate that foreign income and prices are important determinants of export demand for all of the five electrical exports, in both the long run and the short run, over the sample period 1990-2001. More interestingly, this paper supports the view that exchange rate variability has an adverse effect on Malaysia's electrical exports.
Research limitations/implications – One limitation of the study is the appropriateness of the ARDL modelling approach to examine the influence of exchange rate variability (which is stationary,
Practical implications – This paper is important to policymakers for the design of both exchange rate and trade policies in order to promote export growth, which could lead to Malaysia's transition towards high-technology industrialisation.
Originality/value – This paper examines the influence of exchange rate variability on the demand for Malaysia's top five electrical exports as classified by SITC product groups, information which is not available in the existing literature.
To purchase this item please login or register.
Complete and print this form to request this document from your librarian