Abstract

This paper studies whether the economic transitional and growth dynamic experiences of Asian economies are in harmony or discord so as to serve as a catalyst for, or a hindrance to, fostering regional economic cooperation and integration. Empirical evidence is derived from the application of a nonlinear time-varying factor convergence approach in conjunction with nonparametric distribution dynamics techniques. Results are in favor of growth convergence, but not level convergence, among the economies along their transition dynamic growth paths, and provide insights on issues that have significant bearing on the prospect of deepening regional economic cooperation and integration.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.