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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Bibliographic Details
Published in:International Journal of Management Studies
Main Author: Tuck Cheong Tang
Format: Article
Language:English
Published: UUM Press 2005-06-01
Subjects:
Online Access:https://e-journal.uum.edu.my/index.php/ijms/article/view/9198