Income convergence in the asean-5 countries

• Main Authors: Fumitaka Furuoka, Rajah Rasiah, Rafiq Idris, Patrick Ziegenhain, Ray Ikechukwu Jacob, Qaiser Munir
• Format: Article
• Language: English; English
• Published: Universiti Malaysia Sarawak 2018
• Subjects: DS Asia; HJ Public Finance
• Online Access: https://eprints.ums.edu.my/id/eprint/21882/1/Income%20convergence%20in%20the%20asean.pdf; https://eprints.ums.edu.my/id/eprint/21882/7/Income%20convergence%20in%20the%20asean-5%20countries.pdf; https://eprints.ums.edu.my/id/eprint/21882/

Mainstream economic arguments posit that liberalization is the route latecomer economies should pursue to achieve income convergence between countries. The Association of Southeast Asian Nations (ASEAN) offers a useful platform to test if trade liberalization has been accompanied by income convergen...