Economic Interdependence: Evidence from China and ASEAN-5 Countries

Balasubramaniam, Arunnan and Puah, Chin-Hong and Mansor, Shazali Abu (2012) Economic Interdependence: Evidence from China and ASEAN-5 Countries. Modern Economy, 03 (01). pp. 122-125. ISSN 2152-7245

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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
Subjects: STM Open Press > Multidisciplinary
Depositing User: Unnamed user with email support@stmopenpress.com
Date Deposited: 01 Jul 2023 11:51
Last Modified: 14 Sep 2024 04:00
URI: http://journal.submissionpages.com/id/eprint/1704

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