Economic Interdependence: Evidence from China and ASEAN-5 Countries

Balasubramaniam, Arunnan and Puah, Chin Hong and Shazali, Abu Mansor (2012) Economic Interdependence: Evidence from China and ASEAN-5 Countries. Modern Economy, 3. pp. 122-125. ISSN 2152-7261

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Official URL: http://dx.doi.org/10.4236/me.2012.31017

Abstract

This study aimed to examine the interdependence relationship among five Association of Southeast Asian Nations (ASEAN-5) countries (Indonesia, Malaysia, the Philippines, Singapore, and Thailand) and China from a business cycles perspective. The Granger non-causality test proposed by [1] was used to examine causal linkages in business cycles. The empirical results indicated common business cycles between China and ASEAN-5 economies. This suggested that China and ASEAN-5 share similar business cycles and could complement each other in the long run. A discussion of important insights for regional economic policy coordination in which similar business cycles provide a platform for common regional trade, as well as suggestions for monetary policies, conclude the paper.

Item Type: Article
Uncontrolled Keywords: Granger Non-Causality Tests; Business Cycles; Time-Series; Economic Integration, research, Universiti Malaysia Sarawak, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education,
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Faculties, Institutes, Centres > Faculty of Economics and Business
Depositing User: Ab Rahim
Date Deposited: 06 Oct 2017 02:01
Last Modified: 24 Jan 2022 00:30
URI: http://ir.unimas.my/id/eprint/18015

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