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....
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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FFE-ISAFE
2006
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/18674/ http://ir.unimas.my/id/eprint/18674/7/Interdependence%20of%20ASEAN%20Business%20Cycles%20%28abstract%29.pdf |
| _version_ | 1848838563550986240 |
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| 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 |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-15T06:57:33Z |
| format | Article |
| id | unimas-18674 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:57:33Z |
| publishDate | 2006 |
| publisher | FFE-ISAFE |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-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 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 |
| spellingShingle | HB Economic Theory Ong, Hway-Boon Puah, Chin Hong Muzafar Shah, Habibullah Interdependence of ASEAN Business Cycles |
| title | 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_short | Interdependence of ASEAN Business Cycles |
| title_sort | interdependence of asean business cycles |
| topic | HB Economic Theory |
| url | http://ir.unimas.my/id/eprint/18674/ http://ir.unimas.my/id/eprint/18674/ http://ir.unimas.my/id/eprint/18674/7/Interdependence%20of%20ASEAN%20Business%20Cycles%20%28abstract%29.pdf |