Interdependence of ASEAN Business Cycles

This paper examines the interdependence relationship of five ASEAN business cycles, namely, Indonesia, Malaysia, Philippines, Singapore and Thailand. We conducted an augmented VAR of Granger non-causality test and discovered that there is strong interdependence among the ASEAN countries under study....

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Main Authors: Ong, Hway-Boon, Puah, Chin Hong, Muzafar Shah, Habibullah
Format: E-Article
Language:English
Published: FFE-ISAFE 2006
Subjects:
Online Access:http://ir.unimas.my/id/eprint/18674/7/Interdependence%20of%20ASEAN%20Business%20Cycles%20%28abstract%29.pdf
http://ir.unimas.my/id/eprint/18674/
https://www.researchgate.net/publication/227346930
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spelling my.unimas.ir.186742017-11-20T02:26:14Z http://ir.unimas.my/id/eprint/18674/ Interdependence of ASEAN Business Cycles Ong, Hway-Boon Puah, Chin Hong Muzafar Shah, Habibullah HB Economic Theory This paper examines the interdependence relationship of five ASEAN business cycles, namely, Indonesia, Malaysia, Philippines, Singapore and Thailand. We conducted an augmented VAR of Granger non-causality test and discovered that there is strong interdependence among the ASEAN countries under study. Our empirical findings revealed the existence of bi-directional causality among ASEAN countries, especially Malaysia and Singapore. That is to say, economic shocks or policy implementation by any neighbouring countries may be easily transmitted to another. FFE-ISAFE 2006-06 E-Article PeerReviewed text en http://ir.unimas.my/id/eprint/18674/7/Interdependence%20of%20ASEAN%20Business%20Cycles%20%28abstract%29.pdf Ong, Hway-Boon and Puah, Chin Hong and Muzafar Shah, Habibullah (2006) Interdependence of ASEAN Business Cycles. Frontiers in Finance and Economics, 3 (1). pp. 69-78. ISSN 1814-2044 https://www.researchgate.net/publication/227346930
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HB Economic Theory
spellingShingle HB Economic Theory
Ong, Hway-Boon
Puah, Chin Hong
Muzafar Shah, Habibullah
Interdependence of ASEAN Business Cycles
description This paper examines the interdependence relationship of five ASEAN business cycles, namely, Indonesia, Malaysia, Philippines, Singapore and Thailand. We conducted an augmented VAR of Granger non-causality test and discovered that there is strong interdependence among the ASEAN countries under study. Our empirical findings revealed the existence of bi-directional causality among ASEAN countries, especially Malaysia and Singapore. That is to say, economic shocks or policy implementation by any neighbouring countries may be easily transmitted to another.
format E-Article
author Ong, Hway-Boon
Puah, Chin Hong
Muzafar Shah, Habibullah
author_facet Ong, Hway-Boon
Puah, Chin Hong
Muzafar Shah, Habibullah
author_sort Ong, Hway-Boon
title Interdependence of ASEAN Business Cycles
title_short Interdependence of ASEAN Business Cycles
title_full Interdependence of ASEAN Business Cycles
title_fullStr Interdependence of ASEAN Business Cycles
title_full_unstemmed Interdependence of ASEAN Business Cycles
title_sort interdependence of asean business cycles
publisher FFE-ISAFE
publishDate 2006
url http://ir.unimas.my/id/eprint/18674/7/Interdependence%20of%20ASEAN%20Business%20Cycles%20%28abstract%29.pdf
http://ir.unimas.my/id/eprint/18674/
https://www.researchgate.net/publication/227346930
_version_ 1644512907934826496
score 13.211869