Malaysian Exports To Middle Eastern Asian Countries (Meacs): The Role Of Halal Development (Hd) And Trade Agreement (Ta)
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Date
2013-01
Authors
Nik Azman, Nik Hadiyan
Journal Title
Journal ISSN
Volume Title
Publisher
Universiti Sains Malaysia
Abstract
Malaysia’s economic growths in the last three decades are mostly attributed to the
success in exports sector. Export sector is dominated by manufacturing products such as
electrical and electronics equipment, machinery, metal and mineral fuels. Among the top
three Malaysian exports partners are United States, Singapore and Japan. Diversifying
export destination is crucial so as to ensure that Malaysia will be reliant to selected few
only. Thus, this study examines the bilateral export between Malaysia and Middle
Eastern Asian countries (MEACs) for the period of 2002 to 2009 in order to investigate
the potential impact of Halal development that is taking place in Malaysia on Malaysian
exports.in addition this study also examine the impact of trade agreement on Malaysian
export into MEACs. By using panel data, static effect, this study indicates that the crossrandom
effect is the best model to be applied. The findings show that, the Halal
development in certain extent play a vital role in promoting Halal products to MEACs,
but it required more efforts to solve the pressing point. Besides, Trade Agreement has no
threat of Trade Agreement diverting MEACs’ demand for import from Malaysia.
Description
Keywords
Malaysian Exports , Halal Development (Hd) And Trade Agreement (Ta)