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A Comparative Study of Understanding of ASEAN Economic Community between Singaporeans and Thais

  • Assumption University of Thailand

Research output: Contribution to journal › Conference article › peer-review

Abstract

This study explores and compares the understanding of economic community between citizens of Thailand and Singapore with a specific focus on the upcoming ASEAN Economic Community (AEC). A new scale comprising of the elements that constitute AEC was developed. Survey data were collected by means of self-administered questionnaires, which yielded the final usable samples of 2,275 Thais and 857 Singaporeans. Using exploratory factor analysis via orthogonal rotation, we found two common underlying factors--each of which consists of five items that possess 'same form equivalence', 'factorial similarities' or 'configural invariance' across two national samples. We later labeled the two emerging factors as 1) Regional Competitive Integration ('RCI'), and 2) Regional Economic Cooperation ('REC'). Future research can further validate these new scales across different cultural settings and adopt these new constructs for their studies.
Original languageEnglish
Pages (from-to)69-76
JournalJournal of International Business & Economics
Publication statusPublished - 2013
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • Cross-Cultural Study
  • Understanding of Economic Community
  • Regional Competitive Integration, Regional Economic Cooperation
  • ASEAN

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