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Keyword: ASEAN, Convergence, GMM, LSTM, Machine Learning, Panel Data × Clear all
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Testing the convergence and the divergence in five Asian countries: from a GMM model to a new Machine Learning algorithm

Cosimo Magazzino · Marco Mele · Nicolas Schneider ·Journal of Economic Studies ·2021 ·JEL: O41, C32, E10

The purpose of this paper is to empirically test the economic convergence that operate between five selected Asian countries (namely Thailand, Singapore, Malaysia, the Philippines and Indonesia). In particular, it seeks to investigate how increased economic integration has impacted the inter-country income levels among the five founding members of ASEAN.

ASEAN, Convergence, GMM, LSTM, Machine Learning, Panel Data

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