Analisis Konvergensi Pertumbuhan Ekonomi di Negara – Negara Asia Tenggara

Abstract

This paper studies the economic growth convergence of the ASEAN countries. Using data
economic, population and share of international trade on gross domestic product based on year 2000,
using the panel data method this paper estimate two model suggested by Barro and Salai (1995), the
absolute convergence and the conditional convergence model. The result indicate both absolute and
conditional convergence appear among the 5 ASEAN countries, Indonesia, Malaysia, Filipina,
Singapore and Thailang, economic growth. Those result mean chatching up process happen between
low economy country and high economy country in ASEAN 5 countries. Given this result, the economic
growth of this 5 ASEAN countries should be hold and maintain to succeed the ASEAN Economy Union
Goals.