Rosni Bakar, Prof. Dr.http://dspace.unimap.edu.my:80/xmlui/handle/123456789/261762024-03-28T08:46:47Z2024-03-28T08:46:47ZThe analysis of economic integration among ASEAN-5 with Japan and USAGaneisan, MenakhaRosni, Bakar, Prof. Dr.Md. Aminul Islam, Prof. Madya Dr.http://dspace.unimap.edu.my:80/xmlui/handle/123456789/261682013-06-27T05:16:09Z2012-03-01T00:00:00ZThe analysis of economic integration among ASEAN-5 with Japan and USA
Ganeisan, Menakha; Rosni, Bakar, Prof. Dr.; Md. Aminul Islam, Prof. Madya Dr.
This study examines the existence of economic integration among the five founding member countries of the Association of Southeast Asian Nations (ASEAN); Indonesia, Malaysia, the Philippines, Thailand and Singapore. It also explores the economic integration among ASEAN-5 with Japan and US. This study uses yearly time series data from 1970-2005. Three types of test are applied, i.e., the Unit Root Test, Johansen and Juselius co-integration Test and Granger Causality Test. The unit root test indicates that all data are stationary at their first differences and this allows us to proceed with co-integrating test. By using lag 2 and 4, it is found that there is a long-run relationship among ASEAN-5 countries and also between ASEAN-5 with Japan and US. On the other hand, the granger causality test shows that there is a short-run relationship between ASEAN-5 with Japan and US. The analysis of this study reveals that the ASEAN-5 has economic integration within the region itself. In addition, the study also found that Japan significantly affects the changes of output of ASEAN-5 compared to US.
Link to publisher's homepage at http://www.aensiweb.com/
2012-03-01T00:00:00Z