@article{ART002983371},
author={KHIN THEINGI AUNG},
title={Determinants of Economic Growth in ASEAN Countries (2002-2019)},
journal={SUVANNABHUMI},
issn={2092-738X},
year={2023},
volume={15},
number={2},
pages={215-244},
doi={10.22801/svn.2023.15.2.215}
TY - JOUR
AU - KHIN THEINGI AUNG
TI - Determinants of Economic Growth in ASEAN Countries (2002-2019)
JO - SUVANNABHUMI
PY - 2023
VL - 15
IS - 2
PB - Korea Institute for ASEAN Studies
SP - 215
EP - 244
SN - 2092-738X
AB - This study analyzes the effect of macroeconomic indicators such as foreign direct investment (FDI), domestic investment, trade, inflation, unemployment, population, and governance indicators on economic growth and points out the GDP growth rate in 2002- 2019 among ASEAN countries. Data were compiled from the Worldwide Governance Indicators (WGI) and the World Bank, and the effect of variables on GDP was predicted using the pooled ordinary least squares (POLS), fixed effects model (FEM), and random effects model (REM) methods. As a measure of growth, the GDP growth rate has been taken; FDI and domestic investment, trade, inflation, and governance indicators are positively connected and have an influence on economic growth in these ASEAN countries; domestic investment, population, and unemployment have a negative relationship to economic growth. The macroeconomic indicators and institutional stability of the nation have an effect on its economic growth. Comprehensive institutional stability and well-laid macroeconomic policies are required for growth to materialize.
KW - economic growth;ASEAN countries;panel analysis.
DO - 10.22801/svn.2023.15.2.215
ER -
KHIN THEINGI AUNG. (2023). Determinants of Economic Growth in ASEAN Countries (2002-2019). SUVANNABHUMI, 15(2), 215-244.
KHIN THEINGI AUNG. 2023, "Determinants of Economic Growth in ASEAN Countries (2002-2019)", SUVANNABHUMI, vol.15, no.2 pp.215-244. Available from: doi:10.22801/svn.2023.15.2.215
KHIN THEINGI AUNG "Determinants of Economic Growth in ASEAN Countries (2002-2019)" SUVANNABHUMI 15.2 pp.215-244 (2023) : 215.
KHIN THEINGI AUNG. Determinants of Economic Growth in ASEAN Countries (2002-2019). 2023; 15(2), 215-244. Available from: doi:10.22801/svn.2023.15.2.215
KHIN THEINGI AUNG. "Determinants of Economic Growth in ASEAN Countries (2002-2019)" SUVANNABHUMI 15, no.2 (2023) : 215-244.doi: 10.22801/svn.2023.15.2.215
KHIN THEINGI AUNG. Determinants of Economic Growth in ASEAN Countries (2002-2019). SUVANNABHUMI, 15(2), 215-244. doi: 10.22801/svn.2023.15.2.215
KHIN THEINGI AUNG. Determinants of Economic Growth in ASEAN Countries (2002-2019). SUVANNABHUMI. 2023; 15(2) 215-244. doi: 10.22801/svn.2023.15.2.215
KHIN THEINGI AUNG. Determinants of Economic Growth in ASEAN Countries (2002-2019). 2023; 15(2), 215-244. Available from: doi:10.22801/svn.2023.15.2.215
KHIN THEINGI AUNG. "Determinants of Economic Growth in ASEAN Countries (2002-2019)" SUVANNABHUMI 15, no.2 (2023) : 215-244.doi: 10.22801/svn.2023.15.2.215