Digital development and economic growth in selected ASEAN countries: applying response surfaces for critical bounds of cointegration test

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 bas...

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Main Authors:	Duasa, Jarita, Ramadan, Aisha Elalim
Format:	Article
Language:	English
Published:	University Malaya 2019
Subjects:	HB Economic Theory HB131 Methodology.Mathematical economics. Quantitative methods HB3711 Business cycles. Economic fluctuations T Technology (General)
Online Access:	http://irep.iium.edu.my/77818/ http://irep.iium.edu.my/77818/ http://irep.iium.edu.my/77818/ http://irep.iium.edu.my/77818/1/77818_Digital%20development%20and%20economic%20growth.pdf

id	iium-77818
recordtype	eprints
spelling	iium-778182020-02-05T00:52:45Z http://irep.iium.edu.my/77818/ Digital development and economic growth in selected ASEAN countries: applying response surfaces for critical bounds of cointegration test Duasa, Jarita Ramadan, Aisha Elalim HB Economic Theory HB131 Methodology.Mathematical economics. Quantitative methods HB3711 Business cycles. Economic fluctuations T Technology (General) 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 the diversity of the member countries of ASEAN that might affect the accessibility and connectivity of network in the process of transformation. University Malaya 2019-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/77818/1/77818_Digital%20development%20and%20economic%20growth.pdf Duasa, Jarita and Ramadan, Aisha Elalim (2019) Digital development and economic growth in selected ASEAN countries: applying response surfaces for critical bounds of cointegration test. JATI-Journal of Southeast Asian Studies,, 24 (2). pp. 1-18. ISSN 1823-4127 E-ISSN 2600-8653 https://jati.um.edu.my/article/view/16506/11031 https://doi.org/10.22452/jati.vol24no2.1
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HB Economic Theory HB131 Methodology.Mathematical economics. Quantitative methods HB3711 Business cycles. Economic fluctuations T Technology (General)
spellingShingle	HB Economic Theory HB131 Methodology.Mathematical economics. Quantitative methods HB3711 Business cycles. Economic fluctuations T Technology (General) Duasa, Jarita Ramadan, Aisha Elalim Digital development and economic growth in selected ASEAN countries: applying response surfaces for critical bounds of cointegration test
description	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 the diversity of the member countries of ASEAN that might affect the accessibility and connectivity of network in the process of transformation.
format	Article
author	Duasa, Jarita Ramadan, Aisha Elalim
author_facet	Duasa, Jarita Ramadan, Aisha Elalim
author_sort	Duasa, Jarita
title	Digital development and economic growth in selected ASEAN countries: applying response surfaces for critical bounds of cointegration test
title_short	Digital development and economic growth in selected ASEAN countries: applying response surfaces for critical bounds of cointegration test
title_full	Digital development and economic growth in selected ASEAN countries: applying response surfaces for critical bounds of cointegration test
title_fullStr	Digital development and economic growth in selected ASEAN countries: applying response surfaces for critical bounds of cointegration test
title_full_unstemmed	Digital development and economic growth in selected ASEAN countries: applying response surfaces for critical bounds of cointegration test
title_sort	digital development and economic growth in selected asean countries: applying response surfaces for critical bounds of cointegration test
publisher	University Malaya
publishDate	2019
url	http://irep.iium.edu.my/77818/ http://irep.iium.edu.my/77818/ http://irep.iium.edu.my/77818/ http://irep.iium.edu.my/77818/1/77818_Digital%20development%20and%20economic%20growth.pdf
first_indexed	2023-09-18T21:49:43Z
last_indexed	2023-09-18T21:49:43Z
_version_	1777413687269654528

Digital development and economic growth in selected ASEAN countries: applying response surfaces for critical bounds of cointegration test

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