Trade openness, institutional quality and economic development in Asean countries

This dissertation studies the individual impacts of trade openness and institutional quality as well as their interactive effects on economic development in Southeast Asian countries. The research confirms many theoretical reviews and empirical findings that both trade openness and good institutiona...

Full description

Saved in:
Bibliographic Details
Main Author: Pham, Thi Trang
Other Authors: Lee Chia-Yi
Format: Theses and Dissertations
Language:English
Published: 2017
Subjects:
Online Access:http://hdl.handle.net/10356/69833
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Language: English
Description
Summary:This dissertation studies the individual impacts of trade openness and institutional quality as well as their interactive effects on economic development in Southeast Asian countries. The research confirms many theoretical reviews and empirical findings that both trade openness and good institutional quality positively affect income. Moreover, there exists an interaction between trade openness and the quality of institutions to affect economic development, though the signs of effects can be positive and significant or not depending on distinct good governance indicators, which are proxies for institutional quality. The results propose some implications for ASEAN countries under its regional and global integration in trade as well as governance policies so as to continue to achieve higher economic development.