Munich Personal RePEc Archive

Managing Growth: The Role of Export, Inflation and Investment in three ASEAN Neighboring Countries

Liwan, Audrey and Lau, Evan (2007): Managing Growth: The Role of Export, Inflation and Investment in three ASEAN Neighboring Countries.

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Abstract

This study investigates the relationship between export, inflation, investment and economic growth for three ASEAN countries namely Indonesia, Malaysia, and Thailand. In general, the results revealed that export has a positive impact on growth. As for, Malaysia and Thailand, inflation has a negative impact on growth; while for Indonesia it has a positive impact. The inflation rate for Indonesia is almost consistent for a several years, which have lead to a positive relationship between inflation and growth. However, there is also a modest increase in the rate of inflation for certain years. The results also shows that investment have a positive impact on growth for Indonesia, Malaysia and Thailand.

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