he Nexus between Globalization Index and Financial Soundness on GDP Per Capita in ASEAN-6

Resumen

Este estudio tiene como objetivo examinar la relación entre el índice de globalización KOF (IGKOF) y la solidez financiera (SF), así como el impacto de dicha relación en el PIB per cápita de los países de la ASEAN-6. El IGKOF es una medida compuesta que captura las dimensiones económica, social y política de la globalización. Este estudio emplea datos de panel de seis países de la ASEAN durante el período 2008-2022. El análisis utiliza un enfoque de regresión de datos de panel mediante el modelo de efectos aleatorios (REM), seleccionado con base en las pruebas de Chow, de Hausman y de multiplicadores de Lagrange. Los resultados indican que la globalización tiene un efecto positivo y significativo sobre el PIB real per cápita. La SF, aproximada por la relación entre el capital normativo y los activos ponderados por riesgo, también muestra un impacto positivo y significativo en el PIB per cápita. Estos hallazgos sugieren que una mayor integración global y un sistema financiero estable contribuyen al crecimiento económico al impulsar la inversión, mejorar la eficiencia del mercado y fortalecer la confianza de los inversionistas. El estudio sugiere que los países de la ASEAN deben promover una apertura económica bien gestionada, al tiempo que mantienen la estabilidad financiera, para lograr
un crecimiento económico sostenible.

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