| Summary: | 碩士 === 國立臺灣大學 === 國家發展研究所 === 106 === The purpose of this study is to explore the relationship between the regional economic integration and the economic growth during 1995 to 2014 in East Asia. This study adopts the empirical analysis based on panel data model with the regression analysis of modified Solow Growth Model to observe the relationship between four independent variables like the investment, human capital, initial GDP and the economic integration and the economic growth.
The result of this study reveals a significantly positive correlation between the regional economic integration and the economic growth in East Asia. With 1 unit increase in the economic integration index, the economic growth rate rises by 0.1069%, which shows the action of active signing regional trade agreements among economies of East Asia has a positive effect on the economic growth. Furthermore, this study discovers the percentage of output of the service sector in GDP and communist countries also impacts the effect that the regional economic integration has on the economic growth. The positive correlation between the regional economic integration and the economic growth would be stronger when an economy with the condition of high percentage of output of the service sector in GDP and non-Communist countries. The author suggests the government should be more active to sign reciprocal regional trade agreements in order to boost the performance of the economic growth.
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