Foreign portfolio investment inflows and economic performance in Malaysia: a disaggregated analysis

Foreign portfolio investment inflows and economic performance in Malaysia: a disaggregated analysis

Based on disaggregated data, this study empirically examines the importance of foreign portfolio investment (FPI) on the Malaysian economic performance. The study adopts the vector error correction model to analyze the relationships between FPI inflows from major investing countries, namely the Unit...

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Main Authors: Duasa, Jarita, Kassim, Salina
Format: Article
Language:English
Published: Universitas Gadjah Mada 2008
Subjects:
HB Economic Theory
HG Finance
Online Access:http://irep.iium.edu.my/3474/
http://irep.iium.edu.my/3474/
http://irep.iium.edu.my/3474/1/Jarita_Duasa%2B_Salina_Kassim.pdf
id iium-3474
recordtype eprints
spelling iium-34742011-10-18T09:01:40Z http://irep.iium.edu.my/3474/ Foreign portfolio investment inflows and economic performance in Malaysia: a disaggregated analysis Duasa, Jarita Kassim, Salina HB Economic Theory HG Finance Based on disaggregated data, this study empirically examines the importance of foreign portfolio investment (FPI) on the Malaysian economic performance. The study adopts the vector error correction model to analyze the relationships between FPI inflows from major investing countries, namely the United States, United Kingdom, Singapore and Hong Kong and Malaysia’s real GDP using quarterly data covering the period of Q1:1991 to Q3:2007. For further inferences, the study adopts an innovation accounting by simulating variance decompositions and impulse response functions. The study finds that there is a significant positive association between Malaysia’s GDP and the UK FPI inflow, particularly in the long run. Universitas Gadjah Mada 2008-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/3474/1/Jarita_Duasa%2B_Salina_Kassim.pdf Duasa, Jarita and Kassim, Salina (2008) Foreign portfolio investment inflows and economic performance in Malaysia: a disaggregated analysis. Gadjah Mada International Journal of Business, 10 (3). pp. 313-330. ISSN 1411-1128
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HB Economic Theory
HG Finance
spellingShingle HB Economic Theory
HG Finance
Duasa, Jarita
Kassim, Salina
Foreign portfolio investment inflows and economic performance in Malaysia: a disaggregated analysis
description Based on disaggregated data, this study empirically examines the importance of foreign portfolio investment (FPI) on the Malaysian economic performance. The study adopts the vector error correction model to analyze the relationships between FPI inflows from major investing countries, namely the United States, United Kingdom, Singapore and Hong Kong and Malaysia’s real GDP using quarterly data covering the period of Q1:1991 to Q3:2007. For further inferences, the study adopts an innovation accounting by simulating variance decompositions and impulse response functions. The study finds that there is a significant positive association between Malaysia’s GDP and the UK FPI inflow, particularly in the long run.
format Article
author Duasa, Jarita
Kassim, Salina
author_facet Duasa, Jarita
Kassim, Salina
author_sort Duasa, Jarita
title Foreign portfolio investment inflows and economic performance in Malaysia: a disaggregated analysis
title_short Foreign portfolio investment inflows and economic performance in Malaysia: a disaggregated analysis
title_full Foreign portfolio investment inflows and economic performance in Malaysia: a disaggregated analysis
title_fullStr Foreign portfolio investment inflows and economic performance in Malaysia: a disaggregated analysis
title_full_unstemmed Foreign portfolio investment inflows and economic performance in Malaysia: a disaggregated analysis
title_sort foreign portfolio investment inflows and economic performance in malaysia: a disaggregated analysis
publisher Universitas Gadjah Mada
publishDate 2008
url http://irep.iium.edu.my/3474/
http://irep.iium.edu.my/3474/
http://irep.iium.edu.my/3474/1/Jarita_Duasa%2B_Salina_Kassim.pdf
first_indexed 2023-09-18T20:11:18Z
last_indexed 2023-09-18T20:11:18Z
_version_ 1777407495922253824

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