Exports, education spending, foreign direct investment, and growth in Malaysia

This paper examines the relationship among exports, foreign direct investment(FDI), education spending and Malaysia’s economic development using the cointegration technique, VECM, and the Granger causality test. The results suggest that the variables: GDP, exports, foreign direct investment and e...

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Main Author: Yusoff, Mohammed
Format: Conference or Workshop Item
Language:English
Published: 2008
Subjects:
Online Access:http://irep.iium.edu.my/26010/
http://irep.iium.edu.my/26010/
http://irep.iium.edu.my/26010/1/11-Mohammed_B._Yussof.pdf
id iium-26010
recordtype eprints
spelling iium-260102012-11-06T11:39:40Z http://irep.iium.edu.my/26010/ Exports, education spending, foreign direct investment, and growth in Malaysia Yusoff, Mohammed HF3000 By region or country This paper examines the relationship among exports, foreign direct investment(FDI), education spending and Malaysia’s economic development using the cointegration technique, VECM, and the Granger causality test. The results suggest that the variables: GDP, exports, foreign direct investment and education spending are cointegrated. The estimated long-run relationship shows that exports, FDI and education expenditure could explain the variation in real GDP where they are significant at one percent level. The Granger causality test indicates that the exports, foreign direct investment and education expenditure cause economic growth where they are also significant at one percent level. These imply that the Malaysian export-oriented, liberal foreign direct investment and education development strategies have played important role in the development of Malaysian economy. 2008 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/26010/1/11-Mohammed_B._Yussof.pdf Yusoff, Mohammed (2008) Exports, education spending, foreign direct investment, and growth in Malaysia. In: Proceedings of the 3rd International Borneo Business Conference 2008, 15-17 December 2008, Kota Kinabalu, Sabah. http://www.ums.edu.my/spe/IBBC/index.htm
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HF3000 By region or country
spellingShingle HF3000 By region or country
Yusoff, Mohammed
Exports, education spending, foreign direct investment, and growth in Malaysia
description This paper examines the relationship among exports, foreign direct investment(FDI), education spending and Malaysia’s economic development using the cointegration technique, VECM, and the Granger causality test. The results suggest that the variables: GDP, exports, foreign direct investment and education spending are cointegrated. The estimated long-run relationship shows that exports, FDI and education expenditure could explain the variation in real GDP where they are significant at one percent level. The Granger causality test indicates that the exports, foreign direct investment and education expenditure cause economic growth where they are also significant at one percent level. These imply that the Malaysian export-oriented, liberal foreign direct investment and education development strategies have played important role in the development of Malaysian economy.
format Conference or Workshop Item
author Yusoff, Mohammed
author_facet Yusoff, Mohammed
author_sort Yusoff, Mohammed
title Exports, education spending, foreign direct investment, and growth in Malaysia
title_short Exports, education spending, foreign direct investment, and growth in Malaysia
title_full Exports, education spending, foreign direct investment, and growth in Malaysia
title_fullStr Exports, education spending, foreign direct investment, and growth in Malaysia
title_full_unstemmed Exports, education spending, foreign direct investment, and growth in Malaysia
title_sort exports, education spending, foreign direct investment, and growth in malaysia
publishDate 2008
url http://irep.iium.edu.my/26010/
http://irep.iium.edu.my/26010/
http://irep.iium.edu.my/26010/1/11-Mohammed_B._Yussof.pdf
first_indexed 2023-09-18T20:38:47Z
last_indexed 2023-09-18T20:38:47Z
_version_ 1777409225120546816