Financial integration and the ASEAN-5 equity markets

Azman-Saini, W. N. W., Azali, M., Habibullah, M. S. and Matthews, Kent Gerard Patrick ORCID: https://orcid.org/0000-0001-6968-3098 2002. Financial integration and the ASEAN-5 equity markets. Applied Economics 34 (18) , pp. 2283-2288. 10.1080/00036840210139364

Full text not available from this repository.

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.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory H Social Sciences > HG Finance
Publisher:	Taylor and Francis
ISSN:	0003-6846
Last Modified:	21 Oct 2022 10:17
URI:	https://orca.cardiff.ac.uk/id/eprint/39753

Citation Data

Cited 48 times in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item