The transmission mechanism of business cycles among asean-5, China, Japan and South Korea

This study aims to examine the business cycles transmissions among ASEAN+3 countries which became increasingly integrated via market-driven trade and investments.An autoregressive VAR model is used to inspect the business cycles causal linkages.The results indicate ASEA...

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Main Author: Arunnan, Balasubramaniam
Format: Final Year Project Report / IMRAD
Language:English
Published: UNIMAS 2009
Subjects:
Online Access:http://ir.unimas.my/id/eprint/7076/
http://ir.unimas.my/id/eprint/7076/10/Arunnan%20Bala%20Subramaniam%20ft.pdf
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author Arunnan, Balasubramaniam
author_facet Arunnan, Balasubramaniam
author_sort Arunnan, Balasubramaniam
building UNIMAS Institutional Repository
collection Online Access
description This study aims to examine the business cycles transmissions among ASEAN+3 countries which became increasingly integrated via market-driven trade and investments.An autoregressive VAR model is used to inspect the business cycles causal linkages.The results indicate ASEAN-5 have significant influence of business cycles among one and another. The results show that ASEAN-5 with China has leading business cycles transmission vice versa followed by ASEAN-5 with South Korea and finally ASEAN-5 with Japan.It establishes bidirectional causal interplays upon the business cycles of ASEAN+3 countries to confirm there is transmissions of shocks between these economies. Therefore, this study suggests integration mechanism is prominent for these economies to establish intra -regional mutual demand and supply to reduce dependence on extra-regional dominant powers
first_indexed 2025-11-15T06:17:37Z
format Final Year Project Report / IMRAD
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institution Universiti Malaysia Sarawak
institution_category Local University
language English
last_indexed 2025-11-15T06:17:37Z
publishDate 2009
publisher UNIMAS
recordtype eprints
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spelling unimas-70762023-08-01T07:40:39Z http://ir.unimas.my/id/eprint/7076/ The transmission mechanism of business cycles among asean-5, China, Japan and South Korea Arunnan, Balasubramaniam HB Economic Theory This study aims to examine the business cycles transmissions among ASEAN+3 countries which became increasingly integrated via market-driven trade and investments.An autoregressive VAR model is used to inspect the business cycles causal linkages.The results indicate ASEAN-5 have significant influence of business cycles among one and another. The results show that ASEAN-5 with China has leading business cycles transmission vice versa followed by ASEAN-5 with South Korea and finally ASEAN-5 with Japan.It establishes bidirectional causal interplays upon the business cycles of ASEAN+3 countries to confirm there is transmissions of shocks between these economies. Therefore, this study suggests integration mechanism is prominent for these economies to establish intra -regional mutual demand and supply to reduce dependence on extra-regional dominant powers UNIMAS 2009 Final Year Project Report / IMRAD NonPeerReviewed text en http://ir.unimas.my/id/eprint/7076/10/Arunnan%20Bala%20Subramaniam%20ft.pdf Arunnan, Balasubramaniam (2009) The transmission mechanism of business cycles among asean-5, China, Japan and South Korea. [Final Year Project Report / IMRAD] (Unpublished)
spellingShingle HB Economic Theory
Arunnan, Balasubramaniam
The transmission mechanism of business cycles among asean-5, China, Japan and South Korea
title The transmission mechanism of business cycles among asean-5, China, Japan and South Korea
title_full The transmission mechanism of business cycles among asean-5, China, Japan and South Korea
title_fullStr The transmission mechanism of business cycles among asean-5, China, Japan and South Korea
title_full_unstemmed The transmission mechanism of business cycles among asean-5, China, Japan and South Korea
title_short The transmission mechanism of business cycles among asean-5, China, Japan and South Korea
title_sort transmission mechanism of business cycles among asean-5, china, japan and south korea
topic HB Economic Theory
url http://ir.unimas.my/id/eprint/7076/
http://ir.unimas.my/id/eprint/7076/10/Arunnan%20Bala%20Subramaniam%20ft.pdf