Abstract
Malaysia Model II is an updated version of the model presented in the Conference on Econometric Models of Asian LINKS. Data have been updated to 1989 and the model structure has been expanded to clarify government and external sectors. Various minor changes can be found in this new model. Interest and exchange rates are treated explicitly and the generalized least squares method is used to correct serious serial correlation. The basic structure of the model, however, remains the same as before. Basic policy simulations are performed to demonstrate the model’s performance.
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References
Abe, S. (1985) ”Malaysia Model,” in S. Ichimura and M. Ezaki eds., Econometric Models of Asian Link, Springer-Verlag, Tokyo
Cheong, K. C. (1976) ”A Macroeconomic Model for West Malaysia, 1948–1968,” The Developing Economies, vol.14, No.1, March
Ministry of Finance of Malaysia, Economic Reports, various issues
Semudram, M. (1982) ”A Macromodel of the Malaysian Economy: 1959–77,” The Developing Economies, vol.20, No.2, June
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© 1994 Springer-Verlag Tokyo
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Abe, S. (1994). Malaysia Model II. In: Ichimura, S., Matsumoto, Y. (eds) Econometric Models of Asian-Pacific Countries. Springer, Tokyo. https://doi.org/10.1007/978-4-431-68258-5_11
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DOI: https://doi.org/10.1007/978-4-431-68258-5_11
Publisher Name: Springer, Tokyo
Print ISBN: 978-4-431-70134-7
Online ISBN: 978-4-431-68258-5
eBook Packages: Springer Book Archive