e-journal

The sustainability of trade accounts of the ASEAN-5 countries

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Purpose – The present study aims to analyse the sustainability of the trade deficits in the
Association of Southeast Asian Nations (ASEAN)-5 countries using panel framework during the
period from 1965 to 2011.
Design/methodology/approach – The paper applied a battery of first- and second-generation
panel unit root tests and Pedroni’s, Kao and Chiang’s, Westerlund, and Di Iorio and Fachin
cointegration tests to achieve the objective.
Findings – The paper found the evidence of sustainable trade deficit in ASEAN-5 countries while
utilizing panel unit root tests as well as panel cointegration tests.
Research limitations/implications – The findings have important macroeconomic policies
implication for ASEAN-5 countries that these policies had been effective in leading exports and
imports to long-run steady-state equilibrium relationship among the ASEAN-5 countries.
Originality/value – The main contribution of the paper is to show that the macroeconomic policies
of ASEAN-5 countries had been effective in leading exports and imports to long-run steady-state
equilibrium relationship. To the authors’ best knowledge, in this area, this is the first study in the
panel framework for ASEAN countries.

Keywords ASEAN-5, Exports, , Imports, Trade accounts sustainability

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Ketersediaan

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Informasi Detail

Judul Seri

Journal of Chinese Economic and Foreign Trade Studies

No. Panggil

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Penerbit

: Emerald Group., 2014

Deskripsi Fisik

Journal of Chinese Economic and Foreign Trade Studies Vol. 7 No. 1, 2014 pp. 51-65

Bahasa

English

ISBN/ISSN

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Klasifikasi

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Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

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Subjek

AKUNTANSI

Info Detail Spesifik

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Pernyataan Tanggungjawab

Asmawati/Syahrial

Versi lain/terkait

Lampiran Berkas

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