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DIGITAL DEVELOPMENT AND ECONOMIC GROWTH IN SELECTED ASEAN COUNTRIES: APPLYING RESPONSE SURFACES FOR CRITICAL BOUNDS OF COINTEGRATION TEST
Journal of Southeast Asian Studies ( IF 0.4 ) Pub Date : 2019-12-31 , DOI: 10.22452/jati.vol24no2.1
Jarita Duasa , Aisha Elalim Ramadan

The study attempts to analyse the relationship between digital development and economic growth in selected ASEAN economies using small sample data. Using bound testing technique of cointegration, the new critical values of the test are recalculated to fit for small sample data of each country based on response surface in order to obtain rigorous results without ignoring the individual country analysis. The results show that long-run positive impact of digital transformation on economic growth is profound in Malaysia and the Philippines. However, in short-run, most countries in the region, regardless of income level or economic development, encountered negative implication of digital transformation on growth due to digital divide caused by diversity of the member countries of ASEAN that might affect the accessibility and connectivity of network in the process of transformation. Keywords: economic growth, digital revolution, cointegration, response surface

中文翻译:

选定东盟国家的数字化发展和经济增长:应用响应面进行关键边界测试

该研究试图使用小样本数据分析选定东盟经济体的数字发展与经济增长之间的关系。使用协整边界检验技术,重新计算检验的新临界值,以适应基于响应面的各国小样本数据,从而在不忽略个别国家分析的情况下获得严谨的结果。结果表明,数字化转型对马来西亚和菲律宾经济增长的长期积极影响是深远的。然而,在短期内,该地区的大多数国家,无论收入水平或经济发展,由于东盟成员国的多样性造成的数字鸿沟可能会影响转型过程中网络的可达性和连通性,因此遇到了数字化转型对增长的负面影响。关键词:经济增长,数字革命,协整,响应面
更新日期:2019-12-31
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