The Marshall-Lerner theorem claimed that when a currency is depreciated or devalued, trade balance will improve if sum of price elasticity of exports and imports in absolute term is more than one. The study aims to investigate the validity of the Marshall-Lerner theorem between Malaysia and the...

ASEAN has a vision to form a single community by 2020. Thus, ASEAN integration has been a topic of great interest but unfortunately, attention has been over-focused on economic aspect. This paper aims to study the specific aspect of ASEAN banking sector integration with three objectives....

ASEAN has a vision to form a single community by 2020. Thus, ASEAN integration has been a topic of great interest but unfortunately, attention has been over-focused on economic aspect. This paper aims to study the specific aspect of ASEAN banking sector integration with three objectives....

This paper aimed to investigate the existence of any calendar effect (DOW, MOY and Chinese cultural effect) in the selected Chinese populated countries (China, Hong Kong, Malaysia, Singapore and Taiwan) in term of lunar calendar as well as Gregorian calendar. Since OLS method is insufficient to...

This study aims to identify the effect of international relations and the presence of structural change using Analysis of Covariance (ANCOVA) and Chow test respectively. It also aims to examine the long run relationships among Malaysia's GDP and inward FDI, as well as among Malaysia's total FDI...

When difference is seen as conflict, battle for cultural superiority emerged. Agenda of Ketuanan Melayu-Islam (Malay-Islam Supremacy) in Malaysia did not allow pluralism parity or even the existence of it but solitary cultural power. As the cities in Malaysia are the focal point of Western...

This paper attempts to identify the relationship between the real exchange rate and trade balance in Malaysia from year 1955 to 2006. This study uses Unit Root Tests, Cointegration techniques, Engle-Granger test, Vector Error Correction Model (VECM), and impulse response analyses. The main...

Stock market is a main source for raising new private capital in many developing countries including Malaysia. Therefore, its efficiency and leverage effect is utmost important and interest. This paper aims to estimate the leverage effect of Malaysian stock market using EGARCH as well as...