Malaysian bilateral exports and bilateral real exchange rates

This paper analyzes the performance of Malaysian bilateral exports to its major importing countries: the United States, Japan, and Singapore and then investigates whether the export performance could be improved through depreciation or devaluation of domestic currency using cointegration techniq...

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Main Author: Yusoff, Mohammed
Format: Conference or Workshop Item
Language:English
English
Published: Faculty of Economics, Universiti Utara Malaysia 2007
Subjects:
Online Access:http://irep.iium.edu.my/26008/
http://irep.iium.edu.my/26008/1/Mohammed_Yusoff.pdf
http://irep.iium.edu.my/26008/4/3._IECTI_Programme_%2528Details%2529.pdf
id iium-26008
recordtype eprints
spelling iium-260082013-07-19T01:35:11Z http://irep.iium.edu.my/26008/ Malaysian bilateral exports and bilateral real exchange rates Yusoff, Mohammed HF Commerce This paper analyzes the performance of Malaysian bilateral exports to its major importing countries: the United States, Japan, and Singapore and then investigates whether the export performance could be improved through depreciation or devaluation of domestic currency using cointegration technique and VECM. The cointegration test suggests that real exports, real exchange rates, real imports, and foreign income are cointegrated. The estimated long-run export equations indicate that the real exchange rates, real foreign income, and real imports are important determinants of exports. The major policy implication from this study is that a devaluation or depreciation of ringgit could improve the competitiveness of Malaysian exports. Keywords: exports, real exchange rates, Malaysia Faculty of Economics, Universiti Utara Malaysia 2007 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/26008/1/Mohammed_Yusoff.pdf application/pdf en http://irep.iium.edu.my/26008/4/3._IECTI_Programme_%2528Details%2529.pdf Yusoff, Mohammed (2007) Malaysian bilateral exports and bilateral real exchange rates. In: International Economic Conference on Trade and Industry, 3-5 Decenber 2007, Penang. (Unpublished)
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic HF Commerce
spellingShingle HF Commerce
Yusoff, Mohammed
Malaysian bilateral exports and bilateral real exchange rates
description This paper analyzes the performance of Malaysian bilateral exports to its major importing countries: the United States, Japan, and Singapore and then investigates whether the export performance could be improved through depreciation or devaluation of domestic currency using cointegration technique and VECM. The cointegration test suggests that real exports, real exchange rates, real imports, and foreign income are cointegrated. The estimated long-run export equations indicate that the real exchange rates, real foreign income, and real imports are important determinants of exports. The major policy implication from this study is that a devaluation or depreciation of ringgit could improve the competitiveness of Malaysian exports. Keywords: exports, real exchange rates, Malaysia
format Conference or Workshop Item
author Yusoff, Mohammed
author_facet Yusoff, Mohammed
author_sort Yusoff, Mohammed
title Malaysian bilateral exports and bilateral real exchange rates
title_short Malaysian bilateral exports and bilateral real exchange rates
title_full Malaysian bilateral exports and bilateral real exchange rates
title_fullStr Malaysian bilateral exports and bilateral real exchange rates
title_full_unstemmed Malaysian bilateral exports and bilateral real exchange rates
title_sort malaysian bilateral exports and bilateral real exchange rates
publisher Faculty of Economics, Universiti Utara Malaysia
publishDate 2007
url http://irep.iium.edu.my/26008/
http://irep.iium.edu.my/26008/1/Mohammed_Yusoff.pdf
http://irep.iium.edu.my/26008/4/3._IECTI_Programme_%2528Details%2529.pdf
first_indexed 2023-09-18T20:38:47Z
last_indexed 2023-09-18T20:38:47Z
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