Shifting driver of growth in Singapore : a VECM approach

• Main Authors: Ang, Joshua Wei Zhang, Sim, En Ching
• Other Authors: Tan Kong Yam
• Format: Final Year Project
• Language: English
• Published: 2019
• Subjects: DRNTU::Social sciences::Economic development
• Online Access: http://hdl.handle.net/10356/76782
• Institution: Nanyang Technological University

In this report, we analysed the internal and external engine of growth in both short run and long run of Singapore using the Vector Error Correction Model (VECM). We derived significant statistical results indicating that Gross Fixed Capital Formation (GFCF), manufacturing output (MFU), Foreign Dire...