Malaysia's Time Varying Capital Mobility

Malaysia's Time Varying Capital Mobility

This paper examines the dynamics of the degree of capital mobility for Malaysia for the period 1991Q1-2009Q4. Generally Malaysia has been an open economy for trade, however periodic episodes of capital control such as those in 1994 and 1998 means that the level of capital mobility in Malaysia might...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Economics bulletin 2012, Vol.32 (2), p.1361-1368
Hauptverfasser: Abdul Manap, Turkhan Ali, Ghani, Gairuzazmi M
Format: Artikel
Sprache:eng
Schlagworte:
capital mobility
intertemporal current account model
Kalman Filter
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page 1368
container_issue 2
container_start_page 1361
container_title Economics bulletin
container_volume 32
creator Abdul Manap, Turkhan Ali
Ghani, Gairuzazmi M
description This paper examines the dynamics of the degree of capital mobility for Malaysia for the period 1991Q1-2009Q4. Generally Malaysia has been an open economy for trade, however periodic episodes of capital control such as those in 1994 and 1998 means that the level of capital mobility in Malaysia might be time varying. In order to measure the degree of capital mobility, this paper uses the Shibata and Shintani (1998) model that examines the relationship between consumption and output. The results show that for the period investigated, the degree of capital mobility relatively low, especially after the 1997/98 East Asia financial crisis. Meanwhile the periods of capital control show a reduction in the degree of capital mobility.
format Article
fullrecord <record><control><sourceid>repec</sourceid><recordid>TN_cdi_repec_primary_eblecbull_eb_12_00228_htm</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>eblecbull_eb_12_00228_htm</sourcerecordid><originalsourceid>FETCH-LOGICAL-r194t-6da29071ff4e9402382e9494b635722debe6129236d09fd771035ec18e7edf013</originalsourceid><addsrcrecordid>eNpNj7tOxDAURC0EEsvCP6SDJsj32onjEkW8pF3RLLSWHV-DkQNRHIr8PZag2GpONXPmhG2gkU2NGuH0iM_ZRc6fnKNAgA272dtk1xztda4OcaTqzc5r_HqvejvFxaZq_-1iist6yc6CTZmu_nPLXh_uD_1TvXt5fO7vdvUMWi516y1qriAESVqWlQ5Laula0ShET45aKB6i9VwHrxRw0dAAHSnygYPYstu_3pkmGsw0x7EYGXKJBveTUiEDaMoB7MzHMopfqc9A0A</addsrcrecordid><sourcetype>Index Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype></control><display><type>article</type><title>Malaysia's Time Varying Capital Mobility</title><source>RePEc</source><source>EZB-FREE-00999 freely available EZB journals</source><creator>Abdul Manap, Turkhan Ali ; Ghani, Gairuzazmi M</creator><creatorcontrib>Abdul Manap, Turkhan Ali ; Ghani, Gairuzazmi M</creatorcontrib><description>This paper examines the dynamics of the degree of capital mobility for Malaysia for the period 1991Q1-2009Q4. Generally Malaysia has been an open economy for trade, however periodic episodes of capital control such as those in 1994 and 1998 means that the level of capital mobility in Malaysia might be time varying. In order to measure the degree of capital mobility, this paper uses the Shibata and Shintani (1998) model that examines the relationship between consumption and output. The results show that for the period investigated, the degree of capital mobility relatively low, especially after the 1997/98 East Asia financial crisis. Meanwhile the periods of capital control show a reduction in the degree of capital mobility.</description><identifier>ISSN: 1545-2921</identifier><identifier>EISSN: 1545-2921</identifier><language>eng</language><publisher>AccessEcon</publisher><subject>capital mobility ; intertemporal current account model ; Kalman Filter</subject><ispartof>Economics bulletin, 2012, Vol.32 (2), p.1361-1368</ispartof><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,776,780,3993,4009</link.rule.ids><backlink>$$Uhttp://econpapers.repec.org/article/eblecbull/eb-12-00228.htm$$DView record in RePEc$$Hfree_for_read</backlink></links><search><creatorcontrib>Abdul Manap, Turkhan Ali</creatorcontrib><creatorcontrib>Ghani, Gairuzazmi M</creatorcontrib><title>Malaysia's Time Varying Capital Mobility</title><title>Economics bulletin</title><description>This paper examines the dynamics of the degree of capital mobility for Malaysia for the period 1991Q1-2009Q4. Generally Malaysia has been an open economy for trade, however periodic episodes of capital control such as those in 1994 and 1998 means that the level of capital mobility in Malaysia might be time varying. In order to measure the degree of capital mobility, this paper uses the Shibata and Shintani (1998) model that examines the relationship between consumption and output. The results show that for the period investigated, the degree of capital mobility relatively low, especially after the 1997/98 East Asia financial crisis. Meanwhile the periods of capital control show a reduction in the degree of capital mobility.</description><subject>capital mobility</subject><subject>intertemporal current account model</subject><subject>Kalman Filter</subject><issn>1545-2921</issn><issn>1545-2921</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2012</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><recordid>eNpNj7tOxDAURC0EEsvCP6SDJsj32onjEkW8pF3RLLSWHV-DkQNRHIr8PZag2GpONXPmhG2gkU2NGuH0iM_ZRc6fnKNAgA272dtk1xztda4OcaTqzc5r_HqvejvFxaZq_-1iist6yc6CTZmu_nPLXh_uD_1TvXt5fO7vdvUMWi516y1qriAESVqWlQ5Laula0ShET45aKB6i9VwHrxRw0dAAHSnygYPYstu_3pkmGsw0x7EYGXKJBveTUiEDaMoB7MzHMopfqc9A0A</recordid><startdate>2012</startdate><enddate>2012</enddate><creator>Abdul Manap, Turkhan Ali</creator><creator>Ghani, Gairuzazmi M</creator><general>AccessEcon</general><scope>DKI</scope><scope>X2L</scope></search><sort><creationdate>2012</creationdate><title>Malaysia's Time Varying Capital Mobility</title><author>Abdul Manap, Turkhan Ali ; Ghani, Gairuzazmi M</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-r194t-6da29071ff4e9402382e9494b635722debe6129236d09fd771035ec18e7edf013</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2012</creationdate><topic>capital mobility</topic><topic>intertemporal current account model</topic><topic>Kalman Filter</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Abdul Manap, Turkhan Ali</creatorcontrib><creatorcontrib>Ghani, Gairuzazmi M</creatorcontrib><collection>RePEc IDEAS</collection><collection>RePEc</collection><jtitle>Economics bulletin</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Abdul Manap, Turkhan Ali</au><au>Ghani, Gairuzazmi M</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Malaysia's Time Varying Capital Mobility</atitle><jtitle>Economics bulletin</jtitle><date>2012</date><risdate>2012</risdate><volume>32</volume><issue>2</issue><spage>1361</spage><epage>1368</epage><pages>1361-1368</pages><issn>1545-2921</issn><eissn>1545-2921</eissn><abstract>This paper examines the dynamics of the degree of capital mobility for Malaysia for the period 1991Q1-2009Q4. Generally Malaysia has been an open economy for trade, however periodic episodes of capital control such as those in 1994 and 1998 means that the level of capital mobility in Malaysia might be time varying. In order to measure the degree of capital mobility, this paper uses the Shibata and Shintani (1998) model that examines the relationship between consumption and output. The results show that for the period investigated, the degree of capital mobility relatively low, especially after the 1997/98 East Asia financial crisis. Meanwhile the periods of capital control show a reduction in the degree of capital mobility.</abstract><pub>AccessEcon</pub><tpages>8</tpages></addata></record>
fulltext fulltext
identifier ISSN: 1545-2921
ispartof Economics bulletin, 2012, Vol.32 (2), p.1361-1368
issn 1545-2921
1545-2921
language eng
recordid cdi_repec_primary_eblecbull_eb_12_00228_htm
source RePEc; EZB-FREE-00999 freely available EZB journals
subjects capital mobility
intertemporal current account model
Kalman Filter
title Malaysia's Time Varying Capital Mobility
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-24T00%3A51%3A14IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-repec&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Malaysia's%20Time%20Varying%20Capital%20Mobility&rft.jtitle=Economics%20bulletin&rft.au=Abdul%20Manap,%20Turkhan%20Ali&rft.date=2012&rft.volume=32&rft.issue=2&rft.spage=1361&rft.epage=1368&rft.pages=1361-1368&rft.issn=1545-2921&rft.eissn=1545-2921&rft_id=info:doi/&rft_dat=%3Crepec%3Eeblecbull_eb_12_00228_htm%3C/repec%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_id=info:pmid/&rfr_iscdi=true