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Regional and Outward Economic Integration in South-East Asia

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  • Enzo Weber

    (Fachbereich Wirtschaftswissenschaft - Freie Universität Berlin)

Abstract

The subject of this paper tackles macroeconomic integration of the South-East Asian countries South Korea, Singapore and Taiwan. Economically, the analysis is based on notions of stochastic long-run convergence and business cycle synchrony in the GDPs. According tests for cointegration and common serial correlation features reveal a high degree of coherence in long-run growth and medium-run fluctuations. This allows extracting a common stochastic growth trend and a common business cycle. Further analysis shows that both of these components are subject to stronger influences from the US than from Japan. Convergence towards these matured economies conspicuously appears since the 1990s.

Suggested Citation

  • Enzo Weber, 2011. "Regional and Outward Economic Integration in South-East Asia," Post-Print hal-00670761, HAL.
    • Handle: RePEc:hal:journl:hal-00670761
    DOI: 10.1080/00036846.2010.539543
    Note: View the original document on HAL open archive server: https://hal.science/hal-00670761
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    4. Perederiy, Volodymyr, 2007. "Kombinierte Liquiditäts- und Solvenzkennzahlen und ein darauf basierendes Insolvenzprognosemodell für deutsche GmbHs," SFB 649 Discussion Papers 2007-060, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.

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    More about this item

    Keywords

    Social Sciences & Humanities;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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