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Shiok Ye Lim, Ricky Chee-Jiun Chia and Chong Mun Ho |
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''Long-run Validity of Export-Led Growth: An Empirical Reinvestigation from Linear and Nonlinear Cointegration Test
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( 2010, Vol. 30 No.2 ) |
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This study is able to uncover long-run cointegration relationship for Singapore and South Korea, based on the Breitung (2001) rank test procedures. Breitung (2001) rank test can detect both linear and nonlinear cointegration relationships, added value to the literature with strong evidences of nonlinear cointegration on GDP growth and export. |
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Keywords: Export-led growth; Cointegration; Johansen; Nonlinear; Rank Tests |
JEL: C1 - Econometric and Statistical Methods: General O1 - Economic Development: General |
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Manuscript Received : Nov 11 2009 | | Manuscript Accepted : May 04 2010 |
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