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Structural Productivity Convergrence of Rcep

This study aimed is to test the convergence on value added share of four major sectors namely manufacturing, services, agriculture and construction within a group of selected Regional Comprehensive Economic Partnership (RCEP) referring to Malaysia, Brunei Darussalam, Singap...

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Main Authors: Dyg Affizzah, A. M., Awgku Alizra, A. A., Ting, Mee Sing
Format: Article
Language:English
Published: HRMARS 2020
Subjects:
HB Economic Theory
Online Access:http://ir.unimas.my/id/eprint/32519/1/Structural%20Productivity%20Convergrence%20of%20Rcep_pdf.pdf
http://ir.unimas.my/id/eprint/32519/
http://hrmars.com/index.php/pages/detail/IJARBSS
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spelling my.unimas.ir.325192020-11-02T07:30:58Z http://ir.unimas.my/id/eprint/32519/ Structural Productivity Convergrence of Rcep Dyg Affizzah, A. M. Awgku Alizra, A. A. Ting, Mee Sing HB Economic Theory This study aimed is to test the convergence on value added share of four major sectors namely manufacturing, services, agriculture and construction within a group of selected Regional Comprehensive Economic Partnership (RCEP) referring to Malaysia, Brunei Darussalam, Singapore, Thailand, Indonesia, Philippines, Japan, South Korea, China, India, Australia and New Zealand. From the finding it shows that there is no panel structural convergence found in all four sectors for all the countries. However, it does not indicate that there is no possibility of convergence because a country might cluster with another country. Among the four major sectors, agricultural sector shows the most diverse formation of convergence indicating vast gap in its agricultural sector development among the RCEP countries. Yet manufacturing sectors shows more similarities and common characters shared by countries in the study. In other words, RCEP countries are more similar in its development in term of its manufacturing performance. Structural convergence is indeed essential to strengthen the integration of economics in order to achieve the objective of RCEP Based on the results, a country ought to build regional linkages with another country as well as examine their own similarities with other regions. When the countries happen to share similar structural economy, any form of external shocks will result in symmetric but depending on the areas. HRMARS 2020 Article PeerReviewed text en http://ir.unimas.my/id/eprint/32519/1/Structural%20Productivity%20Convergrence%20of%20Rcep_pdf.pdf Dyg Affizzah, A. M. and Awgku Alizra, A. A. and Ting, Mee Sing (2020) Structural Productivity Convergrence of Rcep. International Journal of Academic Research in Bussiness & Social Sciences, 10 (9). pp. 1111-1125. ISSN 2222-6990 http://hrmars.com/index.php/pages/detail/IJARBSS 10.6007/IJARBSS/v10-i9/7990
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
Dyg Affizzah, A. M.
Awgku Alizra, A. A.
Ting, Mee Sing
Structural Productivity Convergrence of Rcep
description This study aimed is to test the convergence on value added share of four major sectors namely manufacturing, services, agriculture and construction within a group of selected Regional Comprehensive Economic Partnership (RCEP) referring to Malaysia, Brunei Darussalam, Singapore, Thailand, Indonesia, Philippines, Japan, South Korea, China, India, Australia and New Zealand. From the finding it shows that there is no panel structural convergence found in all four sectors for all the countries. However, it does not indicate that there is no possibility of convergence because a country might cluster with another country. Among the four major sectors, agricultural sector shows the most diverse formation of convergence indicating vast gap in its agricultural sector development among the RCEP countries. Yet manufacturing sectors shows more similarities and common characters shared by countries in the study. In other words, RCEP countries are more similar in its development in term of its manufacturing performance. Structural convergence is indeed essential to strengthen the integration of economics in order to achieve the objective of RCEP Based on the results, a country ought to build regional linkages with another country as well as examine their own similarities with other regions. When the countries happen to share similar structural economy, any form of external shocks will result in symmetric but depending on the areas.
format Article
author Dyg Affizzah, A. M.
Awgku Alizra, A. A.
Ting, Mee Sing
author_facet Dyg Affizzah, A. M.
Awgku Alizra, A. A.
Ting, Mee Sing
author_sort Dyg Affizzah, A. M.
title Structural Productivity Convergrence of Rcep
title_short Structural Productivity Convergrence of Rcep
title_full Structural Productivity Convergrence of Rcep
title_fullStr Structural Productivity Convergrence of Rcep
title_full_unstemmed Structural Productivity Convergrence of Rcep
title_sort structural productivity convergrence of rcep
publisher HRMARS
publishDate 2020
url http://ir.unimas.my/id/eprint/32519/1/Structural%20Productivity%20Convergrence%20of%20Rcep_pdf.pdf
http://ir.unimas.my/id/eprint/32519/
http://hrmars.com/index.php/pages/detail/IJARBSS
_version_ 1683234397208182784
score 13.211869

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