Exports, education, and growth in Malaysia

Yusoff, Mohammed (2008) Exports, education, and growth in Malaysia. In: The International Conference on Industrial Globalization and Technology Innovation, August 6-9 2008, Nanjing, China . (Unpublished)

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Abstract

This paper examines the causal link between exports and education expenditure in Malaysia’s economic development using the cointegration technique, VECM and Granger causality test. The results suggest that the variables: GDP, exports, and education expenditure are cointegrated. The estimated long-run relationship shows that both exports and education expenditure could explain the variation in real GDP where both are significant at one percent level. The Granger causality test indicates that both the exports and education expenditure cause economic growth where it is significant at one percent level. These imply that the Malaysian export-oriented and education development strategy have played a very important role in the development of Malaysian economy. Keywords: Exports, education, growth, causality

Item Type:	Conference or Workshop Item (Full Paper)
Additional Information:	4178/26004
Subjects:	H Social Sciences > HF Commerce > HF3000 By region or country
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Professor Mohammed Yusoff
Date Deposited:	18 Jul 2013 15:53
Last Modified:	18 Jul 2013 15:53
URI:	http://irep.iium.edu.my/id/eprint/26004

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