Income Divergence? Evidence of Non-linearity in the East Asian Economies
Venus Liew and
Kian-Ping Lim
Economics Bulletin, 2005, vol. 15, issue 1, 1-7
Abstract:
This study examines the issue of income convergence in the East-Asian economies from the non-linear point of view. It is shown in this study that the income gaps between Japan and the rest of the East-Asian economies exhibit nonlinearities. It is further shown that after taking non-linearity into consideration, China, Indonesia, Malaysia, Thailand and the Philippines exhibit divergence behaviour with respect to Japan's income, whereas Hong Kong, Korea, Taiwan and Singapore show otherwise.
JEL-codes: O1 (search for similar items in EconPapers)
Date: 2005-01-04
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Citations: View citations in EconPapers (11)
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