The transmission mechanism of business cycles among asean-5, China, Japan and South Korea

Arunnan Bala, Subramaniam. (2009) The transmission mechanism of business cycles among asean-5, China, Japan and South Korea. [Project Report] (Unpublished)

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Abstract

This study aims to examine the business cycles transmissions among ASEAN+3 countries which became increasingly integrated via market-driven trade and investments.An autoregressive VAR model is used to inspect the business cycles causal linkages.The results indicate ASEAN-5 have significant influence of business cycles among one and another. The results show that ASEAN-5 with China has leading business cycles transmission vice versa followed by ASEAN-5 with South Korea and finally ASEAN-5 with Japan.It establishes bidirectional causal interplays upon the business cycles of ASEAN+3 countries to confirm there is transmissions of shocks between these economies. Therefore, this study suggests integration mechanism is prominent for these economies to establish intra -regional mutual demand and supply to reduce dependence on extra-regional dominant powers

Item Type: Project Report
Additional Information: Project Report (B.Sc.) -- Universiti Malaysia Sarawak, 2009.
Uncontrolled Keywords: Business cycles--Asia--Case studies, 2009, undergraduate, UNIMAS, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, IPTA, education, research, Universiti Malaysia Sarawak
Subjects: H Social Sciences > HB Economic Theory
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Depositing User: Karen Kornalius
Date Deposited: 05 May 2015 06:54
Last Modified: 05 May 2015 06:54
URI: http://ir.unimas.my/id/eprint/7076

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