scholarly journals Multifactor APT Approach towards Predicted Patterns of Long-term ASEAN Financial Market Integration

2018 ◽  
Author(s):  
Andysah Putera Utama Siahaan ◽  
Rusiadi
Keyword(s):  
Data Analysis ◽  
Financial Market ◽  
Market Integration ◽  
Southeast Asian ◽  
Asian Countries ◽  
Financial Market Integration ◽  
Asean Country ◽  
Asean Countries ◽  
Southeast Asian Countries

The purpose of this study is to obtain a predictive pattern of the integration of ASEAN financial markets with the Multifactor Arbitrage Pricing Theory (APT) approach. The specific target in this study is Analyzing the effectiveness of the Multifactor APT Model in forming a predictive pattern of financial market integration in Southeast Asian countries, both in the short, medium and long-term. Establish the fastest and most appropriate ASEAN country in predicting financial market integration in Southeast Asian countries, both in the short, medium and long-term. The hypothesis in this study is that the Multifactor APT model is useful in forming a predictive pattern of financial market integration in Southeast Asian countries. Indonesia is the fastest and appropriate ASEAN country to use in predicting the occurrence of financial market integration in Southeast Asian countries. The data analysis model used is Vector Autoregression (VAR), Impulse Response Function (IRF), Forecast Error Variance Decomposition (FEVD). The assumption test used is Stationarity Test, Cointegration Test, Lag Stability Test, VAR Structure and Determination of Optimal Lag Levels. The results of data analysis with VAR are expected to be able to form a pattern of predictions of effective financial market integration in ASEAN countries. Varian Decomposition results can determine which ASEAN countries are the fastest and most appropriate in predicting the occurrence of financial market integration in Southeast Asian countries, both in the short, medium and long-term.

Social Impacts Due to Carbon Dioxide (CO2) Emissions. Evidence From Sub-Sahara African Countries (SSA) Compared to Southeast Asian Countries (ASEAN).

2021 ◽  
Author(s):  
Jean Baptiste Aboyitungiye ◽  
Suryanto Suryanto ◽  
Evi Gravitiani
Keyword(s):  
Carbon Dioxide ◽  
Co2 Emissions ◽  
Carbon Emissions ◽  
Carbon Dioxide Emissions ◽  
Explanatory Power ◽  
Value Added ◽  
Southeast Asian ◽  
Asian Countries ◽  
Asean Countries ◽  
Southeast Asian Countries

Abstract The recent climatic phenomena observed in developing countries since the 2000s have raised concerns, fears, and debates within the international community and economists. Human activities are largely responsible for atmospheric warming through their emissions of CO2 and polluting substances with dramatic consequences and numerous losses of human life in some countries. Using panel data covering the 2000-2016 period, this study investigated the social vulnerability due to the CO2 emissions through an empirical study of CO2’s determinants in selected countries of sub-Sahara African and Southeast Asian countries. The STIRPAT model gave out the result that; explanatories causes of carbon dioxide emissions are different in the two regions: the agriculture-forestry and fishing value-added, and human development index have a strong explanatory power on CO2 emissions in the ASEAN countries, the per-capita domestic product has a positive and significant influence on carbon emissions in the SSA countries, ceteris paribus, but was statistically insignificant in the ASEAN countries. The growing population decreases carbon emissions in the SSA selected countries while is not statically significant in the ASEAN countries. There is therefore a kind of double penalty: those who suffer, and will suffer the most from the impacts of climate change due to CO2 emissions, are those who contribute the least to the problem. These results provide insight into future strategies for the mitigation of climatic hazards already present in some places and potential for others which will be felt on different scales across the regions. Some of the inevitable redistributive effects of those risks can be corrected by providing financial support to the poorest populations hardest hit by natural disasters.

scholarly journals Indonesia in ASEAN

1997 ◽  
Vol 14 (3) ◽  
pp. 89-91
Author(s):  
Osman Suliman
Keyword(s):  
Foreign Policy ◽  
The Philippines ◽  
Southeast Asian ◽  
Main Theme ◽  
Asian Countries ◽  
Asean Countries ◽  
Southeast Asian Countries ◽  
Do So

This book analyzes Indonesia's political and economic commitment toASEAN. ASEAN compri es six Southeast Asian countries: Brunei, Indonesia,Malaysia, the Philippines, Singapore, and Thailand. To clarify that commitment,Anwar makes a deliberate attempt to investigate ASEAN's underlying assumptions.Specifically, the organization is intended to promote harmony and peacein the region, given that ASEAN countries are relatively more politically stableand economically developed compared to the nearby [ndochinese states. Inadrution, ASEAN has been perceived as attempting to manage regional orderagrunst nonregional powers such as Chma while strengthening Western ties. Theauthor examines these assumptions on the premise that ASEAN is mainly a distinctivevehicle of Indonesian foreign policy. To do so, he follows Wein tein'sapproach, which I based on the uses of foreign policy, that is, his analysis does not adopt a common theory. Thus, he unintentionally goes back and forth to verify what seems to be the main theme of the book: how Indonesia sought regionalleadership through ASEAN to achieve its main goals of foreign policy ...

scholarly journals Institutional Change and Macroeconomic Variables in the ASEAN—Indonesia, Vietnam, and Cambodia: The Effects of a Trade War between China and USA

Economies ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 195
Author(s):  
Fransiskus Xaverius Lara Aba
Keyword(s):  
Oil And Gas ◽  
Current Account Deficit ◽  
The United States ◽  
Southeast Asian ◽  
Export Demand ◽  
Asian Countries ◽  
Trade Relations ◽  
Asean Country ◽  
Trade War ◽  
Southeast Asian Countries

A trade war between the United States and China resulted in an increase in trade tariffs on imported goods entering each of these countries. Southeast Asian countries that have trade relations with the two countries, especially in terms of non-oil and gas exports of 25% to 35%, will be affected by export demand. Furthermore, the effects of the trade war will reduce gross domestic product (GDP) in Southeast Asian countries or the ASEAN and increase the current account deficit. On the other hand, the effects of the trade war that led to the decision of foreign investors to move their manufacturing base out of China will produce a flow of foreign investment that is ready to be captured by every ASEAN country.

scholarly journals Capital Market Integration In Some Asean Countries Revisited

2018 ◽  
Vol 22 (2) ◽  
pp. 205 ◽  
Author(s):  
Robiyanto Robiyanto
Keyword(s):  
Financial Crisis ◽  
Financial Market ◽  
Capital Markets ◽  
Capital Market ◽  
Market Integration ◽  
Global Financial Crisis ◽  
Asian Financial Crisis ◽  
Capital Market Integration ◽  
Financial Market Integration ◽  
Asean Countries

Financial market integration in Southern Asia especially in ASEAN main member countries still attractive to scrunitized. Most of these countries were devastated during severe regional financial crisis in 1997 but global financial crisis in 2008 have different impact toward these countries. The finding shows that comovement were exist among Indonesia, Malaysia, Singapore and Thailand’s capital market during January 1997 to December 2013 period. Comovement still exist during post Asian financial Crisis 1997 and post global financial crisis 2008 period. This study conclude also that degree of integration between some ASEAN capital markets have fading out after global financial crisis in 2008. Hence, investor could formulate a portfolio which consist of stocks across ASEAN capital markets.

scholarly journals On the features of the peripheral diplomacy of the PRC and relations with ASEAN countries

2020 ◽  
pp. 29-44
Author(s):  
А.А. Zabella ◽  
◽  
E.Yu. Katkova ◽  
Keyword(s):  
United States ◽  
Foreign Policy ◽  
The United States ◽  
Southeast Asian ◽  
Asian Countries ◽  
One Belt One Road ◽  
China’S Foreign Policy ◽  
Asean Countries ◽  
The One ◽  
Southeast Asian Countries

The article defines the basic postulates of China's peripheral diplomacy and its features. The authors analyze the basics of China's foreign policy, as well as its policy towards the ASEAN. The authors focus on the "One belt, one road" initiative and the Indo-Pacific strategy, as well as the struggle between China and the United States for the loyalty of Southeast Asian countries.

Financial Deepening and Corruption in Selected Southeast Asian Countries

2016 ◽  
Vol 15 (1) ◽  
pp. 62-85
Author(s):  
Piyadasa Edirisuriya
Keyword(s):  
Financial Market ◽  
Positive Impact ◽  
Panel Data Analysis ◽  
Negative Relationship ◽  
Southeast Asian ◽  
Financial Deepening ◽  
Asian Countries ◽  
Financial Deregulation ◽  
The Impact ◽  
Southeast Asian Countries

Since the 1980s, Southeast Asian countries have deregulated their financial market sector. Numerous studies on financial market deregulation and corruption levels have argued about positive and negative links between corruption and financial deregulation in many countries. These conflicting results have motivated us to examine the impact of financial market deregulation, which leads to financial deepening, on corruption in Southeast Asian countries. We employ panel data analysis to explore whether financial deepening has a positive impact on corruption levels. Using data for 17 years, we empirically tested the relationship between financial deepening and corruption levels and found a significantly negative relationship between these two factors. When comparing our results with the South Asian region where the level of corruption is higher, we do not find any significant differences.

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