A segregation analysis of Malaysia's International Trade Pattern / Abdul Aziz Lai Mohd Fikri Lai

The current decade waves a challenging period for the global economy due to several factors such as the plummeting of global crude oil prices, heightened geopolitical conflicts in various parts of the world and slow post-crisis recovery by developing and under developed countries (United Nations Dep...

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Main Author:	Mohd Fikri Lai, Abdul Aziz Lai
Format:	Thesis
Language:	English
Published:	2018
Subjects:	International trade
Online Access:	https://ir.uitm.edu.my/id/eprint/26971/1/TP_ABDUL%20AZIZ%20LAI%20MOHD%20FIKRI%20LAI%20BM%2018_5.pdf
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id	my-uitm-ir.26971
record_format	uketd_dc
spelling	my-uitm-ir.269712023-12-15T00:11:25Z A segregation analysis of Malaysia's International Trade Pattern / Abdul Aziz Lai Mohd Fikri Lai 2018 Mohd Fikri Lai, Abdul Aziz Lai International trade The current decade waves a challenging period for the global economy due to several factors such as the plummeting of global crude oil prices, heightened geopolitical conflicts in various parts of the world and slow post-crisis recovery by developing and under developed countries (United Nations Department of Economic and Social Affairs, 2015). As one of the major exporters of crude oil, Malaysia has been greatly affected by the world market destabilization as witnessed in the drastic drop of total trade performance by 19.23% within 2 years - 2014 to 2016. Likewise, unfortunate events such as the missing of flight MH 370, the tragedy of MH 17, Sulu invasion in Sabah and major floods in some parts of the country are also believed to have caused a stir in the economy. Therefore, it is crucial for Malaysia to restructure its movement of trade to improve its Trading Across Borders performance. This thesis attempts to extend the epistemology of international trade in Malaysia by adopting the technique of partner segregation effect. In this technique, trading partners which consists of 132 countries were segregated based on region, income and development category. Apart from the segregation technique, this study also employed the classic Gravity Theory of Trade (GTT) in constructing the empirical model which incorporates the Cross-Sectional analysis, Static Panel analysis and Generalized Method of Moments. In general, empirical findings from this study shows that Malaysia's trade pattern differs according to groups of trading partners. For instance, Malaysia's trade with developed and high income nation tend to follow Linder's theory while Malaysia's trade with least developed and low income countries tend to follow the Heckscher-Ohlin theory. Additionally, the volume of trade with rich countries tend to be higher compared to the poorer countries. In relation to regional segregation, the overall findings suggest that Malaysia tend to trade more with countries in the Asian region compared to other regions. As a whole, this thesis discovered that the utilization of partner segregation technique and robust estimation technique in trade studies could yield more comprehensive and insightful findings. The discovery in the current work contributes to the body of knowledge of Malaysia international trade, thus allowing policy makers to improve trade policies and consequently sustain the country's economic growth. 2018 Thesis https://ir.uitm.edu.my/id/eprint/26971/ https://ir.uitm.edu.my/id/eprint/26971/1/TP_ABDUL%20AZIZ%20LAI%20MOHD%20FIKRI%20LAI%20BM%2018_5.pdf text en public phd doctoral Universiti Teknologi MARA (UiTM) Faculty of Business and Management
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
topic	International trade
spellingShingle	International trade Mohd Fikri Lai, Abdul Aziz Lai A segregation analysis of Malaysia's International Trade Pattern / Abdul Aziz Lai Mohd Fikri Lai
description	The current decade waves a challenging period for the global economy due to several factors such as the plummeting of global crude oil prices, heightened geopolitical conflicts in various parts of the world and slow post-crisis recovery by developing and under developed countries (United Nations Department of Economic and Social Affairs, 2015). As one of the major exporters of crude oil, Malaysia has been greatly affected by the world market destabilization as witnessed in the drastic drop of total trade performance by 19.23% within 2 years - 2014 to 2016. Likewise, unfortunate events such as the missing of flight MH 370, the tragedy of MH 17, Sulu invasion in Sabah and major floods in some parts of the country are also believed to have caused a stir in the economy. Therefore, it is crucial for Malaysia to restructure its movement of trade to improve its Trading Across Borders performance. This thesis attempts to extend the epistemology of international trade in Malaysia by adopting the technique of partner segregation effect. In this technique, trading partners which consists of 132 countries were segregated based on region, income and development category. Apart from the segregation technique, this study also employed the classic Gravity Theory of Trade (GTT) in constructing the empirical model which incorporates the Cross-Sectional analysis, Static Panel analysis and Generalized Method of Moments. In general, empirical findings from this study shows that Malaysia's trade pattern differs according to groups of trading partners. For instance, Malaysia's trade with developed and high income nation tend to follow Linder's theory while Malaysia's trade with least developed and low income countries tend to follow the Heckscher-Ohlin theory. Additionally, the volume of trade with rich countries tend to be higher compared to the poorer countries. In relation to regional segregation, the overall findings suggest that Malaysia tend to trade more with countries in the Asian region compared to other regions. As a whole, this thesis discovered that the utilization of partner segregation technique and robust estimation technique in trade studies could yield more comprehensive and insightful findings. The discovery in the current work contributes to the body of knowledge of Malaysia international trade, thus allowing policy makers to improve trade policies and consequently sustain the country's economic growth.
format	Thesis
qualification_name	Doctor of Philosophy (PhD.)
qualification_level	Doctorate
author	Mohd Fikri Lai, Abdul Aziz Lai
author_facet	Mohd Fikri Lai, Abdul Aziz Lai
author_sort	Mohd Fikri Lai, Abdul Aziz Lai
title	A segregation analysis of Malaysia's International Trade Pattern / Abdul Aziz Lai Mohd Fikri Lai
title_short	A segregation analysis of Malaysia's International Trade Pattern / Abdul Aziz Lai Mohd Fikri Lai
title_full	A segregation analysis of Malaysia's International Trade Pattern / Abdul Aziz Lai Mohd Fikri Lai
title_fullStr	A segregation analysis of Malaysia's International Trade Pattern / Abdul Aziz Lai Mohd Fikri Lai
title_full_unstemmed	A segregation analysis of Malaysia's International Trade Pattern / Abdul Aziz Lai Mohd Fikri Lai
title_sort	segregation analysis of malaysia's international trade pattern / abdul aziz lai mohd fikri lai
granting_institution	Universiti Teknologi MARA (UiTM)
granting_department	Faculty of Business and Management
publishDate	2018
url	https://ir.uitm.edu.my/id/eprint/26971/1/TP_ABDUL%20AZIZ%20LAI%20MOHD%20FIKRI%20LAI%20BM%2018_5.pdf
_version_	1794191808457080832

A segregation analysis of Malaysia's International Trade Pattern / Abdul Aziz Lai Mohd Fikri Lai

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