The impact of the US and Japanese economies on Korea and Malaysia after the Plaza Accord

Asian Economic Journal

Volumn 13, Issue 1, 1999, Pages 19-37

  Chua, Soo Y ^a   Dibooglu, Selahattin ^a   Sharma, Subhash C ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMIC CONDITIONS; ECONOMIC IMPACT; ECONOMIC RELATIONS;

KOREA; MALAYSIA;

EID: 0032755844     PISSN: 13513958     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-8381.00073     Document Type: Article

References (29)

1. Aggarwal, Raj and Mbodja, Mougoué, 1993, Cointegration among Southeast Asian and Japanese currencies: preliminary evidence of a yen bloc? Economic Letters, 41(2), pp. 161-166.
2. Canova, Fabio, 1995, Vector autoregressive models: specification, estimation, inference, and forecasting. In Hashem Pesaran and Mike Wickens, Eds., Handbook of Applied Econometrics: Macroeconomics. Blackwell Publishers, Oxford.
3. Chinn, Menzie D. and Jeffrey A. Frankel, 1994, Financial links around the Pacific Rim: 1982-1992. In Reuven Glick and Michael M. Hutchison, Eds., Exchange Rate Policy and Interdependence: Perspectives from the Pacific Basin. Cambridge University Press, Cambridge MA, pp. 17-47.
4. Chinn, Menzie D. and Jeffrey A. Frankel, 1995, Who drives real interest rates around the Pacific Rim: the USA or Japan, Journal of International Money and Finance, 14(6), pp. 801-821.
5. Cohen, Benjamin J., 1993, The triad and the unholy trinity: lessons for the Pacific region. In Richard Higgott, Richard Leaver, and John Ravenhil, Eds., Pacific Economic Relations in the 1990s: Cooperation or Conflicts? Lynne Rienner Publishers, Boulder CO, pp. 133-58.
6. Engle, Robert F. and Clive W. J. Granger, 1987, Cointegration and error correction: presentation, estimation, and testing. Econometrica, 55(2), pp. 251-276.
7. Frankel, Jeffrey A., 1993, Is Japan creating a yen bloc in East Asia and the Pacific? In Jeffrey Frankel and Miles Kohler, Eds., Regionalism and Rivalry: Japan and the United States in Pacific Asia. University of Chicago Press, Chicago, pp. 53-87.
8. Frankel, Jeffrey A. and Shang-Jin Wei, 1994, Yen bloc or Dollar bloc? Exchange rate policies of the East Asian economies. In Takatoshi Ito and Anne Kruegers, Eds., Macroeconomic Linkage: Savings, Exchange Rates and Capital Flows. University of Chicago Press and NBER, Chicago, pp. 295-333.
9. Glick, Reuven, 1988, Financial market changes and monetary policy in Pacific basin countries. In Hang-Sheng Cheng, Ed., Monetary Policy in Pacific Basin Countries. Kluwer Academic Publishers, Norwell.
10. Glick, Reuven and Michael Hutchison, 1990, Financial liberalization in the Pacific basin: implications for real interest rate linkages. Journal of Japanese and International Economies, 4, pp. 36-48.
11. Goto, Junichi and Koichi Hamada, 1994, Economic preconditions for Asian regional integration. In Takatoshi Ito and Anne Kruegers, Eds., Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows. University of Chicago Press and NBER, Chicago, pp. 359-388.
12. Granger, Clive W. J., 1988, Some recent developments in a concept of causality. Journal of Econometrics, 39(1-2), pp. 199-211.
13. Ito, Takatoshi, 1992, The yen and the international money system. In C. Fred Bergsten and Marcus Noland, Eds., Pacific Dynamism and the International Economic System. Institute for International Economics, Washington, DC, pp. 229-322.
14. Ito, Takatoshi, 1994, On the possibility of a yen bloc. In Reuven Glick and Michael M. Hutchison, Eds., Exchange Rates Policy and Interdependence: Perspectives from the Pacific Basin. Cambridge University Press, Cambridge, MA, pp. 317-343.
15. Johansen, Søren, 1988, Statistical analysis of cointegration vectors. Journal of Economic Dynamics and Control, 12, pp. 231-254.
16. Johansen, Søren and Katarina Juselius, 1990, Maximum likelihood estimation and inference on cointegration - with applications to the demand for money. Oxford Bulletin of Economics and Statistics, 52(2), pp. 169-210.
17. Jwa, Sung Hee, 1994, Capital mobility in Korea since the early 1980s: comparison with Japan and Taiwan. In Takatoshi Ito and Anne Kruegers, Eds., Macroeconomic Linkage: Saving, Exchange Rates, and Capital Flows. University of Chicago Press, Chicago, pp. 123-166.
18. Kreinin, Mordechai E., 1991, International Economics: A Policy Approach. Harcourt Brace Jovanovich, New York.
19. Kwan, C. H., 1994, Economic Interdependence in the Asia-Pacific Region. Routledge, New York.
20. Lütkepohl, H., 1994, Interpretation of cointegration relations. Econometric Reviews, 13, pp. 391-394.
21. Lütkepohl, Helmut and Han-Eggert Reimers, 1992, Impulse response analysis of cointegrated systems. Journal of Economic Dynamics and Control, 16, pp. 53-78.
22. Melvin, Michael, Michael Ormiston and Bettina Peiers, 1994, Economic fundamentals and a yen currency area for Asian pacific rim countries. In Reuven Glick and Michael M. Hutchison, Eds., Exchange Rate Policy and Interdependence: Perspectives from the Pacific Basin. Cambridge University Press, Cambridge MA, pp. 344-361.
23. Noland, Marcus, 1990, Pacific Basin Development Countries: Prospects for the Future. Institute for International Economics, Washington, DC.
24. Schwert, William G. 1987, Effects of model specification on tests for unit roots in macroeconomic data. Journal of Monetary Economics, 20(1), pp. 73-103.
25. Sims, Christopher A., 1980, Macroeconomics and reality. Econometrica, 48(1), pp. 1-48.
26. Taguchi, H., 1994, On the internationalization of the Japanese yen. In Takatoshi Ito and Anne Kruegers, Eds., Macroeconomic Linkage: Saving, Exchange Rates, and Capital Flows. University of Chicago Press and NBER, Chicago, pp. 335-358.
27. Takagi, S., 1988, A basket policy: operational issues for developing countries. World Development, 16(2), pp. 271-279.
28. Yamazawa, Ippei, Akira Hirata and Kazuhiko Yokota, 1991, Evolving patterns of comparative advantage in the Pacific economies. In Mohamed Ariff, Ed., The Pacific Economy: Growth and External Stability. Allen and Unwin, Sydney, pp. 213-232.
29. Ying, Soon Lee, 1990, Foreign Direct Investment in ASEAN. Malaysia Economic Association, Kuala Lumpur.