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This paper examines whether convergence of real income exists among the Association of South East Asian Nations (ASEAN) and South Asian Association for Regional Cooperation (SAARC) countries for the period covering 1970-2009. Univariate Lagrange Multiplier (LM) unit root tests with structural...
Persistent link: https://www.econbiz.de/10010976356
This paper examines the impact of telecommunications investment on the economic growth of the ASEAN5 countries namely, Malaysia, Indonesia, Philippines, Singapore and Thailand, over the period 1975--2007. The unrestricted error correction model (UECM) and bounds testing approach are employed...
Persistent link: https://www.econbiz.de/10010690951