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Engine of Growth: The ASEAN-4 case
Jönköping University, Jönköping International Business School, JIBS, Economics.
2009 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

 

Indonesia, Malaysia, The Philippines, and Thailand, have all chosen outward-oriented strat-egy over inward-oriented strategy to gain economic growth. This approach was due to the Asian miracles development. Therefore, protectionism had to cave in (Edwards, 1993).

This thesis aim with the help of income terms of trade and GDPCAP to study the relation between trade and growth for these countries mentioned. Therefore, see if income terms of trade would work as an engine of growth for these countries. The purpose is to find a posi-tive correlation between the variables. ITT capture the price and volume effects when trade increases. That is why, ITT is used in this thesis, for the purpose that exports alone cannot explain growth if imports are left out.

Time series was conducted with help of a unit root test, co-integration, and Granger causal-ity test. In each test made, the result provided showed of statistically significant values, hence, ITT is of relevance for growth in these countries, during 1980-2006.

 

 

Place, publisher, year, edition, pages
2009. , 22 p.
Keyword [en]
"terms of trade" "income terms of trade" Malaysia Indonesia The Philippines Thailand Trade Liberalisation
Identifiers
URN: urn:nbn:se:hj:diva-9435OAI: oai:DiVA.org:hj-9435DiVA: diva2:223169
Presentation
(English)
Uppsok
samhälle/juridik
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Examiners
Available from: 2009-06-25 Created: 2009-06-11 Last updated: 2009-06-25Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
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More styles
Language
  • de-DE
  • en-GB
  • en-US
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  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
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