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September 12, 2025Journal of Applied Economic ResearchOpen Access

Analysis of Economic Development and Economic Interaction in ASEAN Countries: ARDL Model Approach

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Authors

SRSetyo Wira RizkiTanjungpura UniversityNDNikolay I. DidenkoPeter the Great St. Petersburg Polytechnic University

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Implication

Analysis demonstrates significant impact of intra-exports on economic development in ASEAN countries, suggesting vital policy implications.

Key Points

  • Intra-exports are a significant driver of economic development, confirming the positive effects of economic integration.
  • The ARDL model reveals an upward trend in key economic indicators with average annual increases of about four percent over the next decade.
  • The study highlights the link between intra-exports and economic growth, supporting neoclassical trade theory.
  • Policymakers can use these findings to enhance intra-export activities for better economic outcomes in ASEAN.

Cite This Study

Rizki et al. (2025) studied this question.

synapsesocial.com/papers/68d41ed2713b0b5dfea6785dhttps://doi.org/10.15826/vestnik.2025.24.3.025
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