The Relationship between Trade Integration and Economic Growth : Case of ASEAN-5 Countries

This paper studies how regional trade among ASEAN-5 countries (Indonesia, Malaysia, the Philippines, Singapore, and Thailand) help in expanding the member countries' output. This paper applies ARDL bound testing approach with instrumental variables to explore the relationship and finds that est...

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Main Authors: Balasubramaniam, Arunnan, Shazali, Abu Mansor, Puah, Chin Hong
格式: Article
語言:English
出版: Walter de Gruyter GmbH 2016
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在線閱讀:http://ir.unimas.my/id/eprint/15282/1/The-Relationship-between-Trade-Integration-and-Economic-Growth-Case-of-ASEAN-5-Countries_2016_Global-Economy-Journal.html
http://ir.unimas.my/id/eprint/15282/
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85005990784&doi=10.1515%2fgej-2016-0024&partnerID=40&md5=66156444a294811f1c4621a62a883ec6
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總結:This paper studies how regional trade among ASEAN-5 countries (Indonesia, Malaysia, the Philippines, Singapore, and Thailand) help in expanding the member countries' output. This paper applies ARDL bound testing approach with instrumental variables to explore the relationship and finds that estimates is in range of 0.27-0.55%. The paper concludes that trade integration should be promoted in order to stimulate economic growth within each country