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Title: The analysis of Malaysia's trade diversification - performance and measurement : an empirical study.
Author: Hassan, Hashim Bin.
Awarding Body: University of Keele
Current Institution: Keele University
Date of Award: 1991
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The extent of trade diversification achieved by Malaysia has not been investigated empirically beyond that of its partial inclusion in certain instability export studies. This study has three principal objectives. First, to explore and demonstrate empirically using the entropy analysis technique the level of Malaysia's trade diversification achieved and to compare and analyse this performance with other developing countries with similar profiles. Second, to take stock and investigate policy issues that arise from export instability, as they relate to trade and diversification in the commodity and industrial sector. Third, to complement empirical work on Malaysian international trade, particularly on the previous empirical investigations of instability of exports in the Malaysian economy. Evidence from the study shows that Malaysia has been able to increase its export diversification over the period reviewed comparable to other newly industrialised countries, and in most cases better than other developing economies. Analysis also shows that. commodity export. diversificaLion is basically induced by a significant change in 'within group' diversification (traditional group of exports). similarly ,import diversification also shows evidence of a positive associ ati on wi th the stages of economic development. Analysis of the flexibility index reveals that Malaysia has been able to adjust its structure of exports saUsfactori ly in respond to the changing world market. However, ev.idence of declining flexibilty in the trade structure emerges in the early 1980s, though not strictly implyjng a complete rigjdity in the export structure. Variations in the degree of diversification achieved can be linked to the type of policies and incentives designed and implemented by the state to encourage exports, and domestic supplies consistent with a higher investment growth.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available
Keywords: Economics & economic theory Economics International trade