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What factors affect the export competitiveness? Malaysian evidence

Author

Listed:
  • Amanbayev, Yerkebulan
  • Masih, Mansur

Abstract

Export competitiveness is an important issue for any country. This paper aims to discern the factors that affect the export competitiveness of a country. Malaysia is taken as a case study. Theoretically, exports are expected to be affected, among others, by factors such as, inflation rate, interest rate, exchange rate and money supply. The standard time series techniques are employed for the analysis. The empirical findings tend to indicate that the most important factor that affects the export competitiveness is the inflation rate followed by interest rate, exchange rate and money supply. This is an important finding for the policy makers to bear in mind in order to remain export-competitive at least in the context of Malaysia.

Suggested Citation

  • Amanbayev, Yerkebulan & Masih, Mansur, 2017. "What factors affect the export competitiveness? Malaysian evidence," MPRA Paper 102512, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:102512
    as

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    File URL: https://mpra.ub.uni-muenchen.de/102512/1/MPRA_paper_102512.pdf
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    References listed on IDEAS

    as
    1. Zulfiqar Hyder & Sardar Shah, 2004. "Exchange Rate Pass-Through to Domestic Prices in Pakistan," SBP Working Paper Series 05, State Bank of Pakistan, Research Department.
    2. Banerjee, Anindya & Dolado, Juan J. & Galbraith, John W. & Hendry, David, 1993. "Co-integration, Error Correction, and the Econometric Analysis of Non-Stationary Data," OUP Catalogue, Oxford University Press, number 9780198288107.
    3. Rudiger Dornbusch & Ferico Sturzenegger & Holger Wolf, 1990. "Extreme Inflation: Dynamics and Stabilization," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 21(2), pages 1-84.
    4. Irving B. Kravis & Robert E. Lipsey, 1971. "Price Competitiveness in World Trade," NBER Books, National Bureau of Economic Research, Inc, number krav71-1, March.
    5. Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, vol. 2(2), pages 111-120, July.
    6. Kamas, Linda, 1995. "Monetary policy and inflation under the crawling peg: Some evidence from VARs for Colombia," Journal of Development Economics, Elsevier, vol. 46(1), pages 145-161, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    export competitiveness; macro variables; Malaysia;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C58 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Financial Econometrics
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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