Regional Economic Cooperation in Asia: A Feasibility Study

Rajiv Ranjan, Rajeev Jain and Atri Mukherjee

Foreign Trade Review, 2009, vol. 44, issue 1, 3-25

Abstract: The process of regional economic cooperation among emerging Asian economies has gathered pace especially after the East Asian crisis. Although efforts at various levels are underway, it is important to know whether economies of the region behave synchronically. Thus, the paper attempts to examine business cycle convergence among the select emerging economies of the Asian region. It is found that the biggest economies of the emerging Asian region, viz. China and India are one of the least synchronized economies. Empirical analysis also indicates that export baskets are less similar than the import basket of the emerging Asian economies. These have implications for current efforts being pursued in the direction of monetary integration in the region.

Date: 2009
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0015732515090101 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:fortra:v:44:y:2009:i:1:p:3-25

DOI: 10.1177/0015732515090101

Access Statistics for this article

More articles in Foreign Trade Review
Bibliographic data for series maintained by SAGE Publications ().