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Evaluating economic integration in ASEAN: perspectives from a cluster analysis

Author

Listed:
  • Maria Estela Varua
  • Arlene Garces-Ozanne

    (School of Economics and Finance, University of Western Sydney, NSW, Australia)

  • Rachel Benic

    (Department of Economics, University of Otago, New Zealand)

Abstract

This paper uses hierarchical cluster analysis to examine the degree of economic integration among member countries of the Association of Southeast Asian Nations (ASEAN), and Japan, China and the Republic of Korea during three time periods: 1969-1984, 1985-1994 and 1995-2009. The results indicate that the five founding members of ASEAN, Indonesia, Malaysia, the Philippines, Singapore and Thailand, have become less integrated over time. Moreover, the region as a whole does not appear to have attained the degree of integration that was hoped for at the time the Association was established 30 years ago.

Suggested Citation

  • Maria Estela Varua & Arlene Garces-Ozanne & Rachel Benic, 2010. "Evaluating economic integration in ASEAN: perspectives from a cluster analysis," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 17(2), pages 43-63, December.
    • Handle: RePEc:unt:jnapdj:v:17:y:2010:i:2:p:43-63
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    File URL: http://www.unescap.org/sites/default/files/apdj-17-2-2-Varua_Garces-Ozanne_Benic.pdf
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    References listed on IDEAS

    as
    1. Lim, Lee K., 2005. "A dollar or yen currency union in East Asia," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 68(5), pages 507-516.
    2. Angresano, James, 2004. "European Union integration lessons for ASEAN + 3: the importance of contextual specificity," Journal of Asian Economics, Elsevier, vol. 14(6), pages 909-926, January.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. N. G. Glavatskaya (ed.), 2010. "Экономика Переходного Периода. Сборник Избранных Работ. 2003-2009," Books, Gaidar Institute for Economic Policy, edition 1, volume 1, number 1.

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    More about this item

    Keywords

    ASEAN; economic integration; cluster analysis; Japan; China; Republic of Korea; Asian economies;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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