Access Restriction

Author Wong, Koi Nyen ♦ Tang, Tuck Cheong
Source CiteSeerX
Content type Text
File Format PDF
Subject Domain (in DDC) Computer science, information & general works ♦ Data processing & computer science
Abstract This paper examines the effects of exchange rate variability on export demand for semiconductors, which is the largest sub-sector of electronics industry in Malaysia as reported by MIDA (Malaysian Industrial Development Authority, 2004). The empirical results, which are estimated based on the Johansen’s multivariate co-integration tests and error correction model, suggest that there is a unique long-run relationship among quantities of export, relative price, real foreign income, and real exchange rate variability. The major finding of this paper is that the variability of real exchange rate has some effect on semiconductor exports in both the long-run and the short-run. In the light of rapid advances in technology in the global markets for electronics products, the findings are useful to policy makers for the design and target of appropriate exchange rate and industrial policies to enhance the export competitiveness of semiconductor industry.
Educational Role Student ♦ Teacher
Age Range above 22 year
Educational Use Research
Education Level UG and PG ♦ Career/Technical Study
Learning Resource Type Article