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Making East Asian Regionalism Works

For the past few years, regionalism has been progressing in East Asia with the likes of Cina, Japan, and Korea (CJK) as the most prominent actors. Unfortunately, with the absence of trade arrangement amongst the CJK, the present regional trade scheme is not sufficient to reach sustainability. This paper uncovers the inefficient scheme through Engle-Granger Cointegration and Error Correction Mechanism. Moreover, the paper underlines the importance of triangular trade agreement for accelerating the phase of growth in CJK which eventually create a spillover effect to East Asia as a whole. Employing Two Stage Least Squares in a static panel fixed effect model, the paper argues that the spillover effect will function as an impetus for creating region-wide FTA. Furthermore, the paper also identifies a number of economic and political factors that can support the formation of East Asian Regionalism..Printed Journal

Ketersediaan

Call NumberLocationAvailable
BEMP1301PSB lt.dasar - Pascasarjana1
Penerbit Jakarta Bank Indonesia.,
Edisi -
Subjek Regionalism
Fixed effect
Error correction mechanism
Two stage least squares
Engle
Granger Cointegration
ISBN/ISSN 14108046
Klasifikasi -
Deskripsi Fisik -
Info Detail Spesifik -
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