Determinants of Export: Empirical Study in Malaysia

Abstract

This research aims to study the relationship of export with four determinants, namely import, inflation, foreign direct investment (FDI), and exchange rate. Sample years are 1975 to 2013. Ordinary least square (OLS) is used. Results revealed that import has positive relationship with export. This implied that Malaysia import may be an "assembly point exporter". Electric and electrical (E&E), which is Malaysia major export component has high possibly where inputs are imported, then assembly and exported. Foreign exchange rate (domestic currency in term of foreign) has positive relationship with export, thus validating Marshall Learner hypothesis. Inflation has negative relationship as higher aggregate price increase cost of production and decreasing price competitiveness of export. Foreign direct investment has an inverted-U curve relationship, which give further insight into conflicting evidence of linear relationship between export and FDI. Facilities provided to promote export may attract inflow of foreign investment. However, if FDI is targeted to produce for domestic market, it may not contribute to export growth.

Analysis of Factors Affecting Indonesia’s Cinnamon Exports to the United States

“…Conversely, appreciation of exchange rate will cause a decline in exports. The results of this study are also in line with the findings of Sarwedi (2010), Yee et al (2016), Ebadi (2015), Iskandar (2012), Ginting (2013), Riyani (2018), and Purba and Annaria (2017), who find that exchange rates determine the amount of goods to be exported.…”

Determinants of Ethiopian Agricultural Exports: A Dynamic Panel Data Analysis

“…Thus, the negative effect of foreign direct investment on agricultural export of Ethiopia may be due to the limited attention given to private investments in agricultural production in the country for the last three decades. This result is in agreement with the studies conducted by (Gururaj et al, 2016;Yee et al, 2016).…”

Determinan Ekspor Di Indonesia

“…Pada model dengan variasi variabel seperti ekspor, kapital, tenaga kerja, inflasi dan kredit berpengaruh signifikan terhadap PDB (Fatemah & Qayyum, 2018). Studi yang dilakukan oleh Yee et al (2016) menggunakan empat determinan yaitu impor, inflasi, investasi asing langsung, dan kurs. Implikasi pertama menunjukkan bahwa beberapa produk impor akan diekspor kembali setelah diberikan nilai tambah di Malaysia.…”

“…Ini akan menstimulasi ekspor dan mendorong dampak positif kuantitas di neraca perdagangan. Harga produk lokal yang lebih rendah akan membuat konsumen luar negeri memilih untuk membeli lebih banyak ISSN: 2355-0295, e-ISSN: 2549-8932 315 http://ejournal.bsi.ac.id/ejurnal/index.php/ecodemica produk lokal dibandingkan produk ekspor (Yee et al, 2016 (Majeed & Ahmad, 2006). Penelitian serupa yang dilakukan Pham & Nguyen (2013), menunjukkan hasil yang berbeda, investasi asing langsung Vietnam berhubungan erat dengan peningkatan ekspor dari Vietnam ke negara sumber investasi asing langsung.…”