Interdependence of Income between China and ASEAN-5 Countries
Evan Lau and
Koon Po Lee
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper examines the interdependence of income between China and ASEAN-5 countries by resorting to the time series econometrics analysis from 1960 to 2000 of the real Gross Domestic Product (GDP). Empirical results are found to support the strong interdependence of income between China and ASEAN-5 countries. With the increasing interest of economic integration around the globe especially the proposed China-ASEAN Free Trade Area (CAFTA), the interdependence and synchronization movements of income between member countries is an important characteristic for suitability toward the regional common currency goal.
Keywords: interdependence; cointegration; China; ASEAN-5 (search for similar items in EconPapers)
JEL-codes: O18 R1 (search for similar items in EconPapers)
Date: 2007-03-12
New Economics Papers: this item is included in nep-cna and nep-sea
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https://mpra.ub.uni-muenchen.de/2231/1/MPRA_paper_2231.pdf original version (application/pdf)
Related works:
Journal Article: Interdependence of income between China and ASEAN‐5 countries (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:2231
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