Economic Integration between Asean+5 Countries : Comparison of GDP

Kueh, Jerome Swee Hui and Puah, Chin-Hong and Lai, Mattias Murphy (2010) Economic Integration between Asean+5 Countries : Comparison of GDP. Working Paper. Universiti Malaysia Sarawak, (UNIMAS).

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Abstract

This study aims to investigate the causality direction of economic integration among ASEAN countries together with five other neighboring countries,namely Australia, China, Japan, New Zealand and South Korea. The analysis is based on the economic integration of GDP covering the sample period from 1967 to 2007. Empirical results from the Toda and Yamomoto (1995) Granger non-causality tests depicted the existence of bi-directional causality relationships between the GDP of ASEAN and China; GDP of ASEAN and Japan; GDP ASEAN and South Korea, and also GDP of ASEAN and New Zealand. This indicates that there is a great potential for ASEAN countries moving towards higher degree of economic integration via strengthening the relationship with those countries within the region.

Item Type: Monograph (Working Paper)
Additional Information: Universiti Malaysia Sarawak, Unimas
Uncontrolled Keywords: UNIMAS, Toda and Yamomoto, Economic Integration, ASEAN+5
Subjects: A General Works > AC Collections. Series. Collected works
A General Works > AC Collections. Series. Collected works

H Social Sciences > HB Economic Theory
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Depositing User: Karen Kornalius
Date Deposited: 04 Jun 2014 02:52
Last Modified: 14 Apr 2016 07:10
URI: http://ir.unimas.my/id/eprint/3079

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