Publication:

Testing for service-led and investment-led hypothesis: evidence from 'Chindia'

Show simple item record
DC FieldValue
dc.contributor.authorMuzafar Shah Habibullah
dc.contributor.authorRoyfaizal Razali Chong
dc.contributor.authorBaharom Abdul Hamid
dc.date.accessioned2016-07-25T18:56:51Z
dc.date.available2016-07-25T18:56:51Z
dc.date.disclosure2016-06-10
dc.date.issued2009
dc.description.abstractThis study examines the meaningful relationship between economic growth, and service sector contribution and domestic investment in two major Asian economies, namely India and China. Autoregressive Distributed Lag (ARDL) bounds testing procedure is employed to analyze the impact of the selected variables namely (1) contribution by the service sector, (2) (4) domestic investment on economic growth and vice versa. The period of interest is 1960-2005 using annual data. The empirical results demonstrate that for the case of India, there is (1) a unidirectional causality from domestic investment to economic growth and (2) from economic growth to services. As for China, only unidirectional causality from services sector to economic growth is detected, while no meaningful relationship was found between domestic investment and economic growth.
dc.identifier.citationAbdul Hamid, B., Habibullah, M. S., & Chong, R. R. (2009). Testing for service-led and investment-led hypothesis: evidence from 'Chindia'. Asian Social Science, 5(3), 91-98.
dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/1272
dc.languageEnglish
dc.language.isoeng
dc.publisherCanadian Center of Science and Education
dc.rights2009. Canadian Center of Science and Education
dc.sourceCRP
dc.subjectChina
dc.subjectIndia
dc.subjectService-led
dc.subjectInvestment-led
dc.subjectBound Testing
dc.titleTesting for service-led and investment-led hypothesis: evidence from 'Chindia'
dc.typeJournal Article
dlc.maintopicConventional finance
dlc.subtopicEconomics
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.topic.maintopicConventional finance
ikr.topic.subtopicConventional finance
relation.isAuthorOfPublication219f93a8-b38f-400c-981f-6a7162e44a2f
relation.isAuthorOfPublication219f93a8-b38f-400c-981f-6a7162e44a2f
relation.isAuthorOfPublication219f93a8-b38f-400c-981f-6a7162e44a2f
relation.isAuthorOfPublication.latestForDiscovery219f93a8-b38f-400c-981f-6a7162e44a2f
Appears in Collections
Journal Article
Files

Abstract View

2653733

View & Download

167768