Is GDP in ASEAN countries stationary? New evidence from panel unit root tests

Furuoka , Fumitaka (2011) Is GDP in ASEAN countries stationary? New evidence from panel unit root tests. Economics Bulletin, 31 (2). pp. 1391-1400. ISSN 1545-2921

[img]
Preview
PDF
44Kb

Official URL: http://www.accessecon.com/Pubs/EB/2011/Volume31/EB...

Abstract

This study investigated stationary process in real per capita Gross Domestic Product (GDP) in nine ASEAN countries, namely, Brunei, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand Vietnam. It employed both the 'first generation' and the 'second generation' of panel unit root tests for this purpose. Despite some differences in the findings, the empirical results suggested that per capita GDP had been characterized by a nonstationary process, as the results from the second generation of panel unit root tests indicated. This implies the presence of some common factors in these countries' GDP time series which would persist over time.

Item Type:Article
Uncontrolled Keywords:GDP, ASEAN countries stationary, Asean
Subjects:H Social Sciences > HB Economic Theory
ID Code:5075
Deposited By:IR Admin
Deposited On:10 Oct 2012 11:07
Last Modified:17 Feb 2015 15:05

Repository Staff Only: item control page


Browse Repository
Collection
   Articles
   Book
   Speeches
   Thesis
   UMS News
Search
Quick Search

   Latest Repository

Link to other Malaysia University Institutional Repository

Malaysia University Institutional Repository