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Interdependence of Income between China and ASEAN-5 Countries

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  • Lau, Evan
  • Lee, Koon Po
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Abstract

This paper examines the interdependence of income between China and ASEAN-5 countries by resorting to the time series econometrics analysis from 1960 to 2000 of the real Gross Domestic Product (GDP). Empirical results are found to support the strong interdependence of income between China and ASEAN-5 countries. With the increasing interest of economic integration around the globe especially the proposed China-ASEAN Free Trade Area (CAFTA), the interdependence and synchronization movements of income between member countries is an important characteristic for suitability toward the regional common currency goal.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 2231.

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Date of creation: 12 Mar 2007
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Handle: RePEc:pra:mprapa:2231

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Keywords: interdependence; cointegration; China; ASEAN-5;

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Cited by:
  1. Kueh, Jerome Swee-Hui & Puah, Chin-Hong & Mattias, Murphy Lai, 2010. "Economic Integration between ASEAN+5 Countries: Comparison of GDP," MPRA Paper 31764, University Library of Munich, Germany.

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