IDEAS home Printed from https://ideas.repec.org/a/eme/jespps/v39y2012i3p356-367.html
   My bibliography  Save this article

Is China compatible with ASEAN‐5? A gradual cointegration analysis

Author

Listed:
  • Hway‐Boon Ong
  • Muzafar Shah Habibullah

Abstract

Purpose - The purpose of this paper to examine if there is continuous macroeconomic compatibility between ASEAN‐5 and China. Thus, in addition to the typical VECM test of the long run macroeconomic cointegration test, this paper examines the existence of an ongoing cointegration analysis. Design/methodology/approach - The degree of convergence during different sub‐sample period of the full sample is employed, via Johansen cointegration rank tests, to examine if there is evidence of ongoing and improved cointegrating relationship among the economies. Findings - A successful ASEAN‐China economic cooperation would only work if there is continuous macroeconomic interdependence between the partnership. Since a smooth transition of ACFTA will complement AFTA, the effective ASEAN‐China coordination plan is essential to endorse a successful ASEAN‐China coalition. Originality/value - This paper suggests a quick yet effective verification on the continuous compatibility of economies intended to have a long‐term economic coordination.

Suggested Citation

  • Hway‐Boon Ong & Muzafar Shah Habibullah, 2012. "Is China compatible with ASEAN‐5? A gradual cointegration analysis," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 39(3), pages 356-367, July.
    • Handle: RePEc:eme:jespps:v:39:y:2012:i:3:p:356-367
    DOI: 10.1108/01443581211245928
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/01443581211245928/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/01443581211245928/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/01443581211245928?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:jespps:v:39:y:2012:i:3:p:356-367. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.