Citation
Wan Ngah, Wan Azman Saini and Mohamed, Azali and Habibullah, Muzafar Shah and Matthews, K. G.
(2002)
Financial integration and the ASEAN-5 equity markets.
Applied Economics, 34 (18).
pp. 2283-2288.
ISSN 0003-6846
Abstract
The existence of long-run relationships among the ASEAN-5 equity markets is empirically investigated. This study utilized weekly data spanning January 1988 to August 1999. The results of Granger noncausality test due to Toda and Yamamoto (Journal of Econometrics, 66, 225-50, 1995) reveal that the Singapore equity market was not affected by other markets except by the Philippines in the long run. This result shows that there exist opportunities for beneficial international portfolio diversification within the context of the Asean-5 equity markets.
Download File
Official URL or Download Paper: http://dx.doi.org/10.1080/00036840210139364
|
Additional Metadata
| Item Type: | Article |
|---|---|
| Subject: | Economics |
| Subject: | Stocks |
| Divisions: | Faculty of Economics and Management |
| DOI Number: | https://doi.org/10.1080/00036840210139364 |
| Publisher: | Informa plc |
| Keywords: | ASEAN; capital market; economic integration; stock market |
| Depositing User: | Erni Suraya Abdul Aziz |
| Date Deposited: | 20 Dec 2010 02:49 |
| Last Modified: | 22 Oct 2015 02:55 |
| Altmetrics: | http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1080/00036840210139364 |
| URI: | http://psasir.upm.edu.my/id/eprint/8766 |
| Statistic Details: | View Download Statistic |
Actions (login required)
 |
View Item |