regional economic links of london
In line with Kali, Mendez and Reyes (2007), Pitigala (2005) and Low, Olarreaga and Suarez (1998), this study will focus on the export component of trade as means to measure commodity concentration and geographic concentration. The advantage of using these measurements is that they allow for product level as well as country-level examination which could be used to gauge the prospects for the possibility of Malaysia to reach the status of industrialized economy by the year 2020. Charm Bracelet Since there has been no such effort to investigate the economy at the disaggregated level, the findings of this paper would serve to provide useful information for the formulation of strategies which would enhance regional economic integration between Malaysia and its trading partners. The details of the measurements are described in the next section. Sweetie Bracelet
Although official national accounts statistics for Malaysia were published in 1955, the data from 1955 to 1970 were not very useful as they were in two different series. Lim (1973) found that in the first series, for the period of 1955 to 1966, the data were subject to a considerable degree of error while in the second series, for the period of 1960 to 1970, he concluded that the data contained major revisions due to the acquisition of a more reliable and comprehensive set of data. Hence, acknowledging the obstacle encountered in the shortage of reliable data, the period of 1970 to 2003 was taken into consideration. The source of data for commodity exports in local currency (Malaysian Ringgit) was taken directly from Bank Negara (various issues), and International Trade Statistics Yearbook (various issues) whereas the source of data for geographic exports in US dollars was taken directly from International Monetary Fund, Direction of Trade Statistics (various issues). links of london sweetie bracelet
As a measure of export concentration, two types of coefficients will be used; links of london one for measuring commodity concentration and the other for geographical concentration of exports. The commonly used method for measuring commodity concentration is based on the calculation of Gini coefficient and the modified version called Gini-Hirschman coefficient of concentration written as