Asian Economic Community with Selected Macroeconomic Variables for Exports Sustainability
ASEAN Economic Community is active in Blueprint on 20 November 2007. One activity is exports with free movement of goods and services, investment, skill labors and free flow of capital. It implies that number of outputs will be crated relating to use more workers. Once country produces many outputs, it will affect to change in GDP. Purpose is to search which selected macroeconomic variable including AEC are mostly affected to Thailand exports and to check relationship between GDP and unemployment. Two models are used. One is to identify variables on exports’ movements. Other is to explain relationship between GDP and unemployment. Outcome shows significance AEC has positive effect on exports. Furthermore, raising GDP has an effect on unemployment rate according to Okun’s law in economic theory. It is important for consumers, investors, foreigners and government to understand how effective factors improve for Thailand exports to make benefit in long run.
Volume (Year): 3 (2013)
Issue (Month): 3 ()
|Contact details of provider:|| Web page: http://www.econjournals.com|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Peter A. Petri & Michael G. Plummer & Fan Zhai, 2010. "The Economics of the ASEAN Economic Community," Working Papers 13, Brandeis University, Department of Economics and International Businesss School.
- Lucia Tajoli & Lucia De Benedictis, 2006.
"Economic Integration and Similarity in Trade Structures,"
2006.54, Fondazione Eni Enrico Mattei.
- Luca Benedictis & Lucia Tajoli, 2007. "Economic integration and similarity in trade structures," Empirica, Springer, vol. 34(2), pages 117-137, April.
- Christopher J. Neely, 2010. "Okun's law: output and unemployment," Economic Synopses, Federal Reserve Bank of St. Louis.
When requesting a correction, please mention this item's handle: RePEc:eco:journ1:2013-03-5. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilhan Ozturk)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.