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Economic Development, Innovation, Technological Change, and Growth

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In this study, we examine the nonlinear relationship between international tourism arrival and economic growth of Malaysia by using asymmetric models over the periods 2000:1–2015:4.

Assessing Monstrous Fan in Malaysia: Present and Future
 01-15-2026
 Journal: Journal of Open Innovation: Technology Market and Complexity

In the last few years, the monstrous fan has gained attention in this country for large space buildings and areas.

The elusive quest for high income status—Malaysia and Thailand in the post-crisis years
 01-15-2026
 Journal: Structural Change and Economic Dynamics

Both Malaysia and Thailand were seen to be part of the miracle growth economies of East Asia and fast moving into high income status in the early 1990s.
Using data on household consumer durables from the Asian Barometer Survey, this paper examines the evolution of inequality, poverty and welfare in six countries of South East Asia: Cambodia, Indonesia, Malaysia, the Philippines, Thailand and Vietnam.
The international remittances by immigrants to their home countries is one of the key sources of funding development in middle-income countries, especially in migrant-sending countries.
As a large trading nation, China competes with importing countries’ domestic and thirdcountry markets but also creates growth opportunities for exporters.

Impact of Microcredit on SMEs Performance in Malaysia
 01-16-2026
 Journal: International Journal of Business and Economics

This study investigates the relationship between access to microcredit and SMEs’ performance. Using survey data on SME’s owners/managers in Terengganu, Malaysia in 2016, the study investigates how access to microcredit affects SME sales and employment growth.
The study contributes to the aim of regional development policy in reducing regional disparities, by examining the spatial balance in socioeconomic development across the states of Malaysia based on composite development index (CDI).

Dynamic Impact of Macroeconomic Variables on the Ecological Footprint in Malaysia: Testing EKC and PHH
 01-16-2026
 Journal: Journal of Asian Finance, Economics and Business

The objective of this paper is to investigate the impact of economic growth (per capita real GDP), the square of per capita real GDP, energy use, financial development (FD), and foreign direct investment (FDI) on ecological footprint (EF) in the case of Malaysia over the period 1971–2014, by employing the ARDL approach.
This study examines the impact of Information and Communication Technology (ICT) and the role of Malaysian local wisdom called “Ugahari” in managing Work–Life Balance (WLB) during the COVID-19 pandemic in Malaysia.
In this paper, by combining information obtained from national accounts, household surveys, and fiscal data, we document the evolution of income inequality in Malaysia, not only at the national level (for the period of 1984–2014) but also by ethnic group (for the period of 2002–2014). To our knowledge this is the first attempt to produce inequality measurements of Malaysia, which are fully consistent with the national accounts. Our research shows that despite Malaysia’s exceptional economic growth rate, its growth has been inclusive. For the period of 2002–2014, the real income growth for the bottom 50 % is the highest (5.2 %), followed by the middle 40 % (4.1 %), the top 10 % (2.7 %) and then the top 1 % (1.6 %). However, while average growth rates are positive across all ethnic groups (Bumiputera 4.9 %, Indians 4.8 %, and Chinese 2.7 %), the highest growth of real income per adult accrued to the Bumiputera in the top 1 % (at 8.3 %), which sharply contrasts the much lower growth rate of the Indians (at 3.4 %) and negative income growth rates of the Chinese (at −0.6 %). Despite the negative growth rate, the Chinese still account for the lion’s share in the top 1 %. In 2014, 60 % of the adults in the top 1 % income group are Chinese, while 33 % Bumiputera, and 6 % Indians. We conclude that in this period, Malaysia’s growth features an inclusive redistribution between income classes, but with a twist between racial groups.
This study offers new insights for policymakers to reduce income inequality, thus ensuring economic growth which greatly benefits the poor segment of population and directing financial sector to provide easy access to financial resources for lower income group at cheaper cost.
The purpose of this paper is to empirically test the economic convergence that operate between five selected Asian countries (namely Thailand, Singapore, Malaysia, the Philippines and Indonesia).
This paper focuses on examining the nonlinear impact of trade openness (TO) on economic growth (EG) in the Asean-6 countries (Indonesia, Malaysia, Thailand, Singapore, Philippines, and Vietnam).

Debt and economic growth in Asian developing countries
 01-16-2026
 Journal: Economic Analysis and Policy

External debt levels have increased dramatically over the past decades. Many Asian developing countries are trapped in unprecedented levels of indebtedness while utilizing a high level of external debt for fiscal activities.
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