2021
DOI: 10.32890/jes2021.3.1.2
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The Impact of Trade Openness on Manufacturing Sector Performance

Abstract: Trade openness plays a vital role in boosting the production of the manufacturing sector. Two opposing perspectives identify trade-growth nexus. One posits that trade openness will stifle industrial productivity while the opposing view believes that manufacturing productivity can be enhanced by a trade liberalization regime. This study investigates the instantaneous and jointly dynamic effect of trade openness along with macroeconomic variables (i.e., Malaysian exchange rate and average lending rate) and the e… Show more

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Cited by 4 publications
(1 citation statement)
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“…Successful companies represent a key ingredient for developing nations. Over the years, the manufacturing industry has reported positive trends toward Malaysian development, with a growth of 3.4 percent in the fourth quarter of 2020 as compared to a 2.6 percent decline in the preceding quarter (Neoh & Lai, 2021)). However, rapidly global competition and changes in the business environment, advanced technology, organisational structures, and management accounting practices (Kamal, 2015) have forced companies to implement conventional management accounting (Ahamadzadeh et al, 2011;Al-Omiri & Drury, 2007) and comprehensive quality management practices (Fullerton et al, 2014).…”
Section: Introductionmentioning
confidence: 99%
“…Successful companies represent a key ingredient for developing nations. Over the years, the manufacturing industry has reported positive trends toward Malaysian development, with a growth of 3.4 percent in the fourth quarter of 2020 as compared to a 2.6 percent decline in the preceding quarter (Neoh & Lai, 2021)). However, rapidly global competition and changes in the business environment, advanced technology, organisational structures, and management accounting practices (Kamal, 2015) have forced companies to implement conventional management accounting (Ahamadzadeh et al, 2011;Al-Omiri & Drury, 2007) and comprehensive quality management practices (Fullerton et al, 2014).…”
Section: Introductionmentioning
confidence: 99%