Business Cycles and the Synchronisation Process: A Bounds Testing Approach

• Main Authors: Chan, Tze Haw, Lau, Evan Poh Hock
• Format: Article
• Language: English
• Published: INTI Publishing House Sdn Bhd 2005
• Subjects: HC Economic History and Conditions; HD28 Management. Industrial Management
• Online Access: http://eprints.intimal.edu.my/299/1/2005_9.pdf; http://eprints.intimal.edu.my/299/
• Institution: INTI International University

To justify the business cycle synchronization (BCS) process among ASEAN-5 (Indonesia, Malaysia, Philippines, Singapore and Thailand), Japan and the United States, the Autoregressive Distributed Log bounds test and the UECM (Unrestricted Error Correction Model) representation advanced in Pesaran et a...