IDEAS home Printed from https://ideas.repec.org/a/taf/nzecpp/v48y2014i3p285-300.html
   My bibliography  Save this article

Income convergence dynamics in ASEAN and SAARC blocs

Author

Listed:
  • Sakiru Adebola Solarin
  • Elsadig Musa Ahmed
  • Jauhari Dahalan

Abstract

This paper examines whether convergence of real income exists among the Association of South East Asian Nations (ASEAN) and South Asian Association for Regional Cooperation (SAARC) countries for the period covering 1970-2009. Univariate Lagrange Multiplier (LM) unit root tests with structural break(s) are employed to check for the incidence of stochastic convergence, which is necessary for conditional convergence as proposed in the neoclassical model. We further examine the presence of β-convergence, which is considered as the sufficient requirement for conditional convergence. Test results suggest convergence among ASEAN members, with the absence of convergence in SAARC member countries.

Suggested Citation

  • Sakiru Adebola Solarin & Elsadig Musa Ahmed & Jauhari Dahalan, 2014. "Income convergence dynamics in ASEAN and SAARC blocs," New Zealand Economic Papers, Taylor & Francis Journals, vol. 48(3), pages 285-300, December.
    • Handle: RePEc:taf:nzecpp:v:48:y:2014:i:3:p:285-300
    DOI: 10.1080/00779954.2013.874399
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00779954.2013.874399
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00779954.2013.874399?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.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhang, Jinping & Xiao, Honglin & Li, Jiayi & Shi, Xixi, 2021. "Study on the cointegration relationship between water supply and demand in the irrigation district with structural breaks," Agricultural Water Management, Elsevier, vol. 258(C).
    2. Carlos Mendez & Felipe Santos‐Marquez, 2021. "Regional convergence and spatial dependence across subnational regions of ASEAN: Evidence from satellite nighttime light data," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(6), pages 1750-1777, December.
    3. Uzma Zia & Zafar Mahmood, 2019. "Tests of Income Convergence in ASEAN and SAARC Trading Blocs," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 20(2), pages 167-183, September.
    4. Maryam Ishaq, 2020. "Regional Economic Integration and Productivity Convergence: Empirical Evidence from East Asia," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 25(2), pages 23-53, July-Dec.
    5. Pui Sun Tam, 2018. "Economic Transition and Growth Dynamics in Asia: Harmony or Discord?," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 60(3), pages 361-387, September.
    6. Devasmita JENA, 2018. "Economic integration and income convergence in the EU and the ASEAN," Journal of Economics Library, KSP Journals, vol. 5(1), pages 1-11, March.
    7. Uzma Zia, 2019. "An Evidence of Diverging SAARC Economies," PIDE-Working Papers 2019:170, Pakistan Institute of Development Economics.
    8. Daly, Vince & Khan, Ghulam Yahya, 2016. "Growth Convergence and Convergence Clubs in SAARC," Economics Discussion Papers 2016-1, School of Economics, Kingston University London.
    9. Jena , Devasmita, 2021. "International Trade, Structural Transformation and Economic Catch-Up: An Analysis of The Asean Experiences," Journal of Economic Development, The Economic Research Institute, Chung-Ang University, vol. 46(3), pages 135-155, September.

    More about this item

    Statistics

    Access and download statistics

    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:taf:nzecpp:v:48:y:2014:i:3:p:285-300. 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: the person in charge (email available below). General contact details of provider: http://www.tandfonline.com/RNZP20 .

    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.