Convergence behaviour of growth triangle : the case of IMT-GT

Regional disparities and their evolution displayed a vital economic as well as political issue for most regions or countries (Blizkovsky, 2012). Due to realising this fact, it has drawn a lot of attention from all over the world to tackle this issue in order to avoid its adverse implication towards...

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Main Author:	Ting, Mee Sing
Format:	Thesis
Language:	English
Published:	2015
Subjects:	HB Economic Theory
Online Access:	http://ir.unimas.my/id/eprint/10872/1/Ting%20Mee%20S.pdf
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id	my-unimas-ir.10872
record_format	uketd_dc
spelling	my-unimas-ir.108722023-08-24T04:14:44Z Convergence behaviour of growth triangle : the case of IMT-GT 2015 Ting, Mee Sing HB Economic Theory Regional disparities and their evolution displayed a vital economic as well as political issue for most regions or countries (Blizkovsky, 2012). Due to realising this fact, it has drawn a lot of attention from all over the world to tackle this issue in order to avoid its adverse implication towards holistic economic development. Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) aims to increase the trade and investment among the three regions as it pursues private sector-led economic growth. However, evidence shows that the progress of development in this sub-region is either stagnant or slow. Hence, the aim of this study is to investigate the convergence hypothesis of the participating states and determine the reason behind each of the convergence behaviour portrayed. Non-linear time varying factor model namely Phillip and Sul (2007) has been employed in this study. The result implies that Negeri Sembilan is the only diverging group while the rest is converging. This phenomenon indicates that most of the states and provinces in this sub-region have positive performance towards the economic growth. Effective development planning can be done by policy makers after determining the performance of each of the states and provinces. Universiti Malaysia Sarawak, (UNIMAS) 2015 Thesis http://ir.unimas.my/id/eprint/10872/ http://ir.unimas.my/id/eprint/10872/1/Ting%20Mee%20S.pdf text en validuser masters Universiti Malaysia Sarawak, (UNIMAS) Faculty of Economics and Business
institution	Universiti Malaysia Sarawak
collection	UNIMAS Institutional Repository
language	English
topic	HB Economic Theory
spellingShingle	HB Economic Theory Ting, Mee Sing Convergence behaviour of growth triangle : the case of IMT-GT
description	Regional disparities and their evolution displayed a vital economic as well as political issue for most regions or countries (Blizkovsky, 2012). Due to realising this fact, it has drawn a lot of attention from all over the world to tackle this issue in order to avoid its adverse implication towards holistic economic development. Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) aims to increase the trade and investment among the three regions as it pursues private sector-led economic growth. However, evidence shows that the progress of development in this sub-region is either stagnant or slow. Hence, the aim of this study is to investigate the convergence hypothesis of the participating states and determine the reason behind each of the convergence behaviour portrayed. Non-linear time varying factor model namely Phillip and Sul (2007) has been employed in this study. The result implies that Negeri Sembilan is the only diverging group while the rest is converging. This phenomenon indicates that most of the states and provinces in this sub-region have positive performance towards the economic growth. Effective development planning can be done by policy makers after determining the performance of each of the states and provinces.
format	Thesis
qualification_level	Master's degree
author	Ting, Mee Sing
author_facet	Ting, Mee Sing
author_sort	Ting, Mee Sing
title	Convergence behaviour of growth triangle : the case of IMT-GT
title_short	Convergence behaviour of growth triangle : the case of IMT-GT
title_full	Convergence behaviour of growth triangle : the case of IMT-GT
title_fullStr	Convergence behaviour of growth triangle : the case of IMT-GT
title_full_unstemmed	Convergence behaviour of growth triangle : the case of IMT-GT
title_sort	convergence behaviour of growth triangle : the case of imt-gt
granting_institution	Universiti Malaysia Sarawak, (UNIMAS)
granting_department	Faculty of Economics and Business
publishDate	2015
url	http://ir.unimas.my/id/eprint/10872/1/Ting%20Mee%20S.pdf
_version_	1783728078557544448

Convergence behaviour of growth triangle : the case of IMT-GT

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