The effect of regime switching policy rules on economic growth
This paper empirically examines the relative effect of active and passive regime policy rules on economic growth. The time series data for a set of South-East Asian countries namely, Malaysia, Thailand and Singapore are used for the period 1971-2009. The Markov-switching (MSC) regression method is e...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2013
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| Online Access: | http://journalarticle.ukm.my/8122/ http://journalarticle.ukm.my/8122/ http://journalarticle.ukm.my/8122/1/7268-18721-1-SM.pdf |