This study determines the effect of regional economic integration, namely the ASEAN Free Trade Area, on bilateral trade flows between the ASEAN-5 countries and their major trading partner, Japan. The analysis begins with the construction of a simple country-specific index based on the Common...

This paper examines the direct and indirect effects of financial intermediary development on output fluctuations based on the theoretical works by Bacchetta and Caminal (2000) and Beck, Lundberg and Majnoni (2006). According to credit market imperfections, well-developed financial intermediaries...

This paper presents measures for the performances of 12 selected Asia Pacific countries in developing knowledge-based economies (KE). The performances of the selected countries are evaluated using Data Envelopment Analysis (DEA). The DEA scores indicate that four of the emerging countries...

This study investigates the dynamics and contemporaneous interactions of equity market capitalization in the Asia Pacific region. The empirical results reveal the long-run cointegration relationship among the markets, suggesting a thin gainful opportunity for international portfolio...