Malaysia’s Domestic Value Added Export: The Role of Governance and Strategic Policy Reforms
This paper evaluates Malaysia’s value added export (VAE) in the light of its strategic policy reforms and governance. First, the study proposes a conceptual framework to show the role of governance and policy reforms in shaping a country in the path of VAE. Later, it undertakes an empirical analysis...
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| Format: | Article |
| Language: | English |
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EconJournals
2016-09-01
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| Series: | International Journal of Economics and Financial Issues |
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| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32045/354688?publisher=http-www-cag-edu-tr-ilhan-ozturk |
| Summary: | This paper evaluates Malaysia’s value added export (VAE) in the light of its strategic policy reforms and governance. First, the study proposes a conceptual framework to show the role of governance and policy reforms in shaping a country in the path of VAE. Later, it undertakes an empirical analysis to evaluate the success of Malaysia’s VAE with the help of WTO-OECD Trade in Value Added (TiVA) database from 1996 through2014. The empirical findings reveal a significant relationship between VAE and the governance indicators and the policy parameter proxies, indicating that the government plays a significant role in Malaysia’s increased VAE. |
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| ISSN: | 2146-4138 |