The progress of financial market integration in East Asia

Citation

Ibrahim, Saifuzzaman (2011) The progress of financial market integration in East Asia. Transition Studies Review, 18 (2). pp. 458-470. ISSN 1614-4007; ESSN: 1614-4015

Abstract

The study investigates the progress of financial market integration in selected East Asian countries after the 1997 financial crisis. Adopting Johansen (Econometrica 59:1551–1580, 1991) multivariate cointegration on the region’s credit and stock markets, the study finds only partial cointegration in both markets which imply a low level of integration. However, for regional stock markets, the result suggests that the level of integration has been improving after the crisis.

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Additional Metadata

Item Type:	Article
Divisions:	Faculty of Economics and Management
DOI Number:	https://doi.org/10.1007/s11300-011-0199-x
Publisher:	Springer
Keywords:	East Asia; Financial market; Integration; Cointegration
Depositing User:	Nabilah Mustapa
Date Deposited:	06 Aug 2015 01:17
Last Modified:	23 Sep 2015 08:01
Altmetrics:	http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1007/s11300-011-0199-x
URI:	http://psasir.upm.edu.my/id/eprint/22852
Statistic Details:	View Download Statistic

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