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Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces

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Nội dung chi tiết: Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces

Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces

LNTVERSITY OF ECONOMICS no cm MIMI CHY VIETNAMERASMUS UNIVERSITY ROTTERDAMINSTITUTE OF SOCIAL STI DIESTHE NETHEREANDSVIETNAM - HIE NETHERLANDSPROGRAMM

Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces ME FOR M.A. IN DEY ELOPMEN I ECONOMICSBUSINESS CYCLE SYNCHRONIZATION IN THE ASEAN:DEGREE AND DRIVING FORCESBYNITU DINH IHEPNLYSTER OF ARTS IN DEVELOPM

ENT ECONOMICSHO CHĨ MINH CITY43101UNIVERSITY OF ECONOMICSHO CHI MINH CITYVIETNAMERASMUS UNIVERSITY ROTTERDAMINSTITUTE OF SOCIAL STL DIESTHE NETHERLAND Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces

SVIETNAM - THE NETHERLANDS PROGRAMME FOR NLA. IN DEVELOPMENT ECONOMICSBUSINESS CYCLE SYNCHRONIZATION IN THE ASEAN:DEGREE AND DRIVING FORCESA thesis su

Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces

bmitted ill partial fulfilment of the requúements for the degree of MASTER OF ARTS IN DEVELOPMENT ECONOMICSBYNHI DINH HIEPAcademic SupervisorDr. VO HO

LNTVERSITY OF ECONOMICS no cm MIMI CHY VIETNAMERASMUS UNIVERSITY ROTTERDAMINSTITUTE OF SOCIAL STI DIESTHE NETHEREANDSVIETNAM - HIE NETHERLANDSPROGRAMM

Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces rame. In the event of economic shocks, the degtee of business cycle synchronization will indicate if a country can rely on Its economic policy to over

come the shocks 01 it needs the policy coordination from other countries. Business cycle synchronization IS perceived as one of the irreplaceable crit Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces

eria to assess the degree of regional economic integration The ASEAN is currently at the stage which can be considered to resemble the early stages of

Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces

the European Union. Most ASEAN countries are also members of the Asia-Pacific Economic Cooperation (APEC) forum, so the concept of business cycle syn

LNTVERSITY OF ECONOMICS no cm MIMI CHY VIETNAMERASMUS UNIVERSITY ROTTERDAMINSTITUTE OF SOCIAL STI DIESTHE NETHEREANDSVIETNAM - HIE NETHERLANDSPROGRAMM

Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces alysis of a potential currency union in ASEAN. However, such a study that can explore the matter directly is hard to find.This study IS conducted to e

valuate the degree of the business cycle synchronization 111 the 10 ASEAN economies from 2000-2016 Additionally, the study expects to uncover rhe driv Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces

ing forces that lead to the synchronization of business cycles in the region. To overcome the limitation of the old measuring technique and data const

Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces

raints, this study makes use of the new measure of business cycle synchronization using Abiad. et al. (2O13)’s instantaneous quasi-coirelation measure

LNTVERSITY OF ECONOMICS no cm MIMI CHY VIETNAMERASMUS UNIVERSITY ROTTERDAMINSTITUTE OF SOCIAL STI DIESTHE NETHEREANDSVIETNAM - HIE NETHERLANDSPROGRAMM

Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces ustrial structures, and financial integration. These three variables are tested for their explaining powers in a regression model. To reduce the possi

bility of the endogeneity problem, control variables (the product of log GDP. the product of log population and per capita GDP difference) are added t Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces

o the model to control for omitted-vanables bias. Also, lagged values of right-hand side variables are used to prevent the reverse causality. To purge

Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces

the autocon elation and heteroskedasticity existed in the model, the Feasible Generalized Least Squares estimator IS the mam estimation method in thi

LNTVERSITY OF ECONOMICS no cm MIMI CHY VIETNAMERASMUS UNIVERSITY ROTTERDAMINSTITUTE OF SOCIAL STI DIESTHE NETHEREANDSVIETNAM - HIE NETHERLANDSPROGRAMM

Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces ization in ASEAN is moderate from 2000-2016. The level of synchronization reaches to the highest points in 2009. which was the time when the effects o

f global financial crisis took place. Correlations of business cycles among ASEAN-5 members are generally higher than among the CLMV group, or among t Luận văn thạc sĩ business cycle synchronization in the asean, degree and driving forces

he whole region.3

LNTVERSITY OF ECONOMICS no cm MIMI CHY VIETNAMERASMUS UNIVERSITY ROTTERDAMINSTITUTE OF SOCIAL STI DIESTHE NETHEREANDSVIETNAM - HIE NETHERLANDSPROGRAMM

LNTVERSITY OF ECONOMICS no cm MIMI CHY VIETNAMERASMUS UNIVERSITY ROTTERDAMINSTITUTE OF SOCIAL STI DIESTHE NETHEREANDSVIETNAM - HIE NETHERLANDSPROGRAMM

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