Income Disparity between Japan and ASEAN-5 Economies: Converge, Catching Up or Diverge?

• Main Authors: Hock-Ann Lee, Kian-Ping Lim, M. Azali
• Format: Article
• Language: English
• Published: - 2005
• Subjects: HF Commerce
• Online Access: https://eprints.ums.edu.my/id/eprint/21792/1/Income%20Disparity%20between%20Japan%20and%20ASEAN.pdf; https://eprints.ums.edu.my/id/eprint/21792/
• Institution: Universiti Malaysia Sabah

The objective of this study is to empirically examine the income disparity between Japan and each of the five major economies of South East Asia (ASEAN−5) during the period of 1960 to 1997, utilizing the popular augmented Dickey−Fuller (ADF) unit root test. The results provide evidence of income div...