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https://hdl.handle.net/1822/7859
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Campo DC | Valor | Idioma |
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dc.contributor.author | Cortinhas, Carlos | - |
dc.date.accessioned | 2008-05-26T19:33:16Z | - |
dc.date.available | 2008-05-26T19:33:16Z | - |
dc.date.issued | 2007-04 | - |
dc.identifier.citation | Cortinhas, C. (2007, April). Intra-industry trade and business cycles in ASEAN. Applied Economics. Informa UK Limited. http://doi.org/10.1080/00036840500461907 | eng |
dc.identifier.issn | 0003-6846 | eng |
dc.identifier.uri | https://hdl.handle.net/1822/7859 | - |
dc.description.abstract | A new resolve for both increased economic integration and monetary and exchange rate cooperation has started to emerge in the Association of Southeast Asian Nations (ASEAN), especially since the 1997-1998 Asian financial crisis. According to the optimum currency area theory, the degree of trade integration is one of the most important criteria for joining a currency union. The large increase in intra-ASEAN trade in recent years raises the question of whether the ASEAN countries are becoming better prepared to form a currency union. This article sets to test whether the recorded increase in intra-ASEAN trade is leading the ASEAN members to closer economic integration and thus to better satisfy the criteria for a common currency. Two separate models are estimated for that purpose. First, a variation of the model of Frankel and Rose (1997) was estimated for the ASEAN members. Next, a new panel data methodology was conducted. The results with our own model were very significant and robust when four of the ASEAN5 countries were considered, and showed a clear positive correlation between intra-industry trade and business cycle synchronization in ASEAN. This result has important implications for the prospects of the creation of a common currency in the region. | eng |
dc.language.iso | eng | eng |
dc.publisher | Routledge | eng |
dc.rights | openAccess | eng |
dc.title | Intra-industry trade and business cycles in ASEAN | eng |
dc.type | article | por |
dc.peerreviewed | yes | por |
dc.relation.publisherversion | http://dx.doi.org/10.1080/00036840500461907 | eng |
sdum.number | 7 | eng |
sdum.pagination | 893-902 | eng |
sdum.publicationstatus | published | eng |
sdum.volume | 39 | eng |
oaire.citationStartPage | 893 | por |
oaire.citationEndPage | 902 | por |
oaire.citationIssue | 7-9 | por |
oaire.citationVolume | 39 | por |
dc.identifier.eissn | 1466-4283 | - |
dc.identifier.doi | 10.1080/00036840500461907 | por |
dc.subject.wos | Social Sciences | por |
sdum.journal | Applied Economics | por |
Aparece nas coleções: | NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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Cortinhas_2007_AE.pdf | Documento principal | 149,41 kB | Adobe PDF | Ver/Abrir |