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| Author: | Clemes, M.D. Arifa, A. Gani, A. |
| Title: | An empirical investigation of the spillover effects of services and manufacturing sectors in ASEAN countries |
| Journal: | Asia-Pacific Development Journal
2003 : DEC, VOL. 10:2, p. 29-40 |
| Index terms: | ASEAN Manufacturing Service industries Asia |
| Freeterms: | Spillovers |
| Language: | eng |
| Abstract: | The services sector has experienced phenomenal expansion in several regions throughout the world, particularly since the 1980s. Similarly, the manufacturing sector has also expanded, although at a slower pace than the services sector. It is quite likely that there is a two-way spillover effect as a result of the growth in these two sectors: expansion of the services sector contributes to the expansion of the manufacturing sector, and vice versa. This article examines the likely spillover effect by using the experience of ASEAN economies. The empirical results confirm a strong, positive bi-directional influence of growth of services and manufacturing. |
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