Monetary Policy, Bank Ownership, and the Lending Channel: Evidence from ASEAN
Fazelina Sahul Hamid
· Muhamed Zulkhibri
·Institutions and Economies ·2019 ·JEL: E44; E52
This paper examines the effectiveness of bank lending channels in ASEAN countries. The main objective of this paper is to identify whether the effectiveness of bank lending channels in ASEAN differs based on the countries’ financial structu...
The Role of ICT in ASEAN-5’s Services Exports: A Panel Study
Beng Ann Tee
· Siew Yean Tham
· Andrew Jia Yi Kam
·Malaysian Journal of Economic Studies ·2020 ·JEL: F1, F14, L8
ICT intensive services were found to contribute to the service export growth in developed countries. However, empirical work on the role of ICT in ASEAN’s services export is sparse due mainly to the scarcity of bilateral services trade data...
Testing the convergence and the divergence in five Asian countries: from a GMM model to a new Machine Learning algorithm
Cosimo Magazzino
· Marco Mele
· Nicolas Schneider
·Journal of Economic Studies ·2021 ·JEL: O41, C32, E10
The purpose of this paper is to empirically test the economic convergence that operate between five selected Asian countries (namely Thailand, Singapore, Malaysia, the Philippines and Indonesia). In particular, it seeks to investigate how i...
Trade Openness and Economic Growth: A Study on Asean-6
My-Linh Nguyen
· Toan Ngoc Bui
·Economies ·2021
This paper focuses on examining the nonlinear impact of trade openness (TO) on economic growth (EG) in the Asean-6 countries (Indonesia, Malaysia, Thailand, Singapore, Philippines, and Vietnam). In order to achieve the set research objectiv...
COVID-19 and regional solutions for mitigating the risk of SME finance in selected ASEAN member states☆
Farhad Taghizadeh-Hesary
· Han-Phoumin
· Ehsan Rasoulinezhad
·Economic Analysis and Policy ·2022 ·JEL: H81, G21
The main objective of this paper is to identify the determining factors of the optimal credit guarantee ratio in four members of the Association of Southeast Asian Nations (ASEAN), namely Indonesia, Singapore, the Philippines, and Malaysia,...
Regional Inequality in ASEAN Countries: Evidence from an Outer Space Perspective
Guohui Chen
· Jie Zhang
·Emerging Markets Finance and Trade ·2022
The ASEAN countries are in a golden stage of development, although the uneven regional development remains a prominent challenge to integrated growth. The study tries to investigate regional inequality in ASEAN countries from an outer space...
Revival Duration and Determinants of ASEAN Machinery Trade During COVID-19 Pandemic and the Global Financial Crisis
Chia Lin Chang
· Yu-Hui Wang
· Kuo-I-Chang
·Emerging Markets Finance and Trade ·2022 ·JEL: F14, F10, F61
This study performs survival analysis to evaluate duration of revived and new machinery import and the hazard ratios (HRs) of covariates related to the global financial crisis (GFC) and COVID-19 pandemic in the Association of Southeast Asia...
Working capital financing and corporate profitability in the ASEAN region: The role of financial development
Rahmat Heru Setianto
· Rani Septiani Sipayung
· W.N.W. Azman-Saini
·Entrepreneurial Business and Economics Review ·2022
The objective of the article is to empirically investigates the role played by financial development in determining the relationship between working capital financing and firms’ performance. Employing data of publicly listed manufacturing f...
Do Trade Partners’ Labour Standards Affect ASEAN’s Labour Standards?
Rusmawati Said
· Ng Kar Yee
· Normaz Wana Ismail
·Institutions and Economies ·2019 ·JEL: J81; J83; J61; R15
This paper investigates the impact of foreign labour standards on domestic labour standards in ASEAN countries. The study employs a set of cross-sectional time series data that covers the period from 1995-2008 for its empirical analysis. Th...
Bank lending and the business cycle: Does ownership matter in ASEAN countries?
Fazelina Sahul Hamid
·Journal of Asian Economics ·2020
We analyze the lending cyclicality of 213 ASEAN commercial banks over the period 2001–2015. The findings indicate that lending by private banks is procyclical while lending by state banks is countercyclical. Long-term liabilities also move...
Forecasting corporate financial distress in the Southeast Asian countries: A market-based approach
Dung V. Dinh
· Robert J. Powell
· Duc H. Vo
·Journal of Asian Economics ·2021 ·JEL: G33, G28
This study is conducted to investigate the prediction of corporate financial distress based on the Merton (1974) market-based Distance to Default (DD) model over the period from 1997 to 2016 which covers a range of economic financial circum...
Nexus between Financial Development and Income Inequality before Pandemic Covid-19: Does Financial Kuznets Curve Exist in Malaysia, Indonesia, Thailand and Philippines?
Abdul Rahim Ridzuan
· Shahsuzan Zakaria
· Bayu Arie Fianto
· Nora Yusma Mohamed Yusoff
· Nor Fatimah Che Sulaiman
· Mohamad Idham Md Razak
· Siswantini
· Arsiyanti Lestari
·International Journal of Energy Economics and Policy ·2021 ·JEL: G10, F62
This study offers new insights for policymakers to reduce income inequality, thus ensuring economic growth which greatly benefits the poor segment of population and directing financial sector to provide easy access to financial resources fo...