Financial integration and the ASEAN-5 equity markets
Applied Economics, 2002•Taylor & Francis
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 …
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 …
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.
Taylor & Francis Online以上显示的是最相近的搜索结果。 查看全部搜索结果