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Venus Khim-Sen Liew and Kian-Ping Lim |
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''Income Divergence? Evidence of Non-linearity in the East Asian Economies'' |
( 2005, Vol. 15 No.1 ) |
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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. |
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Keywords: |
JEL: O1 - Economic Development: General
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Manuscript Received : Aug 15 2004 | | Manuscript Accepted : Jan 04 2005 |
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