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This study adopts the modified growth model to examine whether the APEC integration would promote economic growth among the member countries during 1989-2000. It also compares whether the developed and developing member countries would derive different growth-enhancing effect from the...
Persistent link: https://www.econbiz.de/10010669049
Using the modified gravity model, this study examines whether the free trade areas of NAFTA, ANZCER and ASEAN would result in trade creation among the member countries and trade diversion with the non-member countries. Further, it applies Linder's income similarity concept to explain the trade...
Persistent link: https://www.econbiz.de/10005505275
Persistent link: https://www.econbiz.de/10005598012
Using the modified growth model, this study examines whether financial development would facilitate economic growth among the Asia-Pacific Economic Cooperation (APEC) countries from 1981 to 2000. It focuses on the effects of three aspects of financial development on growth: stock market, banking...
Persistent link: https://www.econbiz.de/10005644027