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Determinants of Service Export in Selected Developing Asian Countries

Year: 2017

Type: article

Abstract: This paper attempts to empirically examine the determinants of service export in selected developing Asian countries (China, Hong Kong, South Korea, India, Iran, Indonesia, Malaysia, Philippines, Singapore, Thailand, Kuwait, Saudi Arabia and Turkey). The study conducted a static linear panel data analysis on annual data covering the period of 1985-2012. The main finding indicates that exchange rate, foreign income, foreign direct investment (FDI), the value added by services and communication facilities are likely to influence services exports in the selected developing Asian countries. This suggests that these countries have the opportunity to compete globally by exporting services, provided that they are able to exploit and enhance their potential by focusing on the significant and relevant indicators. Keywords: Services Exports; Asian Developing Countries; Panel Data.

Source: International Journal of Business and Society

DOI: 10.33736/ijbs.549.2017

Authors: Siti Aisah Ahmad, Shivee Ranjanee Kaliappan, Normaz Wana Ismail

Institution: Universiti Teknologi MARA

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W2620000071

FWCI: 9.637

Cites: 67

Cited by: 32

Related to: 10