International reserves, current account imbalance and external debt : evidence from Malaysia.
The purpose of the study is to analyze both the short-run and long-run demand for international reserves in Malaysia for the period 1970-2004. The autoregressive distributed lag (ARDL) bounds testing approach proposed by Pesaran, Shin, and Smith (2001) is used to test for the existence of cointegra...
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Main Authors: | , , |
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Format: | Article |
Language: | English English |
Published: |
International Islamic University Malaysia
2008
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Online Access: | http://psasir.upm.edu.my/id/eprint/15273/1/International%20reserves.pdf http://psasir.upm.edu.my/id/eprint/15273/ http://www.iium.edu.my/enmjournal/index.php/enmj |
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Institution: | Universiti Putra Malaysia |
Language: | English English |