The Role of Domestic Private Investment in Promoting Per Capita Income Convergence amongst Association of Southeast Asian Nations-5 Economies

Sallahuddin HASSAN; Musa MURTALA

Makale detayları

The Role of Domestic Private Investment in Promoting Per Capita Income Convergence amongst Association of Southeast Asian Nations-5 Economies

Yazarlar:

Sallahuddin HASSAN | Musa MURTALA

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2016 Vol.6 Issue 4, pp.1299-1303

Belge Tipi:

Makale

Yayın Tarihi:

8/2016

Belge Dili:

Türkçe

Document ID (Org No.):

2000812424

Sıklık:

İki Aylık

eISSN:

2146-4138

Özet:

 

Using data spanning 1980-2014, this study investigates the phenomena of per capita income convergence across a panel of ASEAN-5 economies. The study also delves on the role of domestic private investment in facilitating per capita income convergence amongst the economies. Employing SURADF test to investigate per capita income convergence of the countries to the group average, it was observed that, as opposed to Malaysia and Singapore, economies of Indonesia, Philippines and Thailand tend convergence to the group average. On the impact of gross domestic investment on per capita income convergence, results from system Generalized Method of Moments (GMM) indicate that GDP gap ratio between a pair of economies tend to diminish with a reduction in the gross domestic investment gap ratio between the economies.

Makale detayları

The Role of Domestic Private Investment in Promoting Per Capita Income Convergence amongst Association of Southeast Asian Nations-5 Economies

Yazarlar: Sallahuddin HASSAN | Musa MURTALA

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Economics and Financial Issues 2016 Vol.6 Issue 4, pp.1299-1303

Belge Tipi: Makale

Yayın Tarihi: 8/2016

Belge Dili: Türkçe

Document ID (Org No.): 2000812424

Sıklık: İki Aylık

eISSN: 2146-4138

Sayı

Yazarlar:

Sallahuddin HASSAN | Musa MURTALA

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2016 Vol.6 Issue 4, pp.1299-1303

Belge Tipi:

Makale

Yayın Tarihi:

8/2016

Belge Dili:

Türkçe

Document ID (Org No.):

2000812424

Sıklık:

İki Aylık

eISSN:

2146-4138