2020
DOI: 10.6007/ijarbss/v10-i2/6955
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Regional Economic Integration and Income Inequality in Selected ASEAN Countries

Abstract: Widening income inequality in recent years has triggered an outpouring analysis and reflection on the causes of inequality. Economic cooperation demonstrated robust economic growth, reducing poverty but also accompanied by rising inequality. The income gap persists between ASEAN-5 (Indonesia, Malaysia, the Philippines, Singapore, Thailand) and the ASEAN-3 (Cambodia, Laos, Vietnam) has become a prominent issue and policy debate. Hence, this study aims to investigate the relationship of regional economic integra… Show more

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Cited by 3 publications
(2 citation statements)
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“…The CGE model results revealed that the East Asian community increased economic growth and improved income distribution, thus reducing the region's poverty rate. Ean et al (2020) employed the Fully Modified Ordinary Least Square (FMOLS) method to examine the effect of REI on inequality in the Association of Southeast Asian Nations (ASEAN) countries over the 2005-2018 period. The results showed that trade integration, as well as the agricultural and manufacturing sectors, reduced income disparity.…”
Section: Empirical Reviewmentioning
confidence: 99%
See 1 more Smart Citation
“…The CGE model results revealed that the East Asian community increased economic growth and improved income distribution, thus reducing the region's poverty rate. Ean et al (2020) employed the Fully Modified Ordinary Least Square (FMOLS) method to examine the effect of REI on inequality in the Association of Southeast Asian Nations (ASEAN) countries over the 2005-2018 period. The results showed that trade integration, as well as the agricultural and manufacturing sectors, reduced income disparity.…”
Section: Empirical Reviewmentioning
confidence: 99%
“…Several studies have looked into the effects of regional integration for income inequality and poverty reduction in Africa. For example, Alderson and Nielson (2002) and Beckfield (2006) argue that integration widens the income gap, thus increasing poverty, while Osakwe (2015), Muriel and Guo (2016), Park and Claveria (2018), as well as Ean et al (2020) suggest that African integration may reduce income disparity and the poverty level. Decreasing the poverty level and the income gap remains a fundamental concern for all WAEMU economies (Figs 1-3).…”
Section: Introductionmentioning
confidence: 99%