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Stock market integration in Asia : global or regional? : evidence from industry level panel convergence tests

Caporale, Guglielmo Maria; You, Kefei - 2017

This paper examines global and regional stock market integration in Asia at both the aggregate and disaggregate …

Persistent link: https://www.econbiz.de/10011658042

Global and regional financial integration in emerging Asia : evidence from stock markets

Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; You, Kefei - 2017

emerging Asia there is more regional than global integration, and that the former has become even stronger in the post-2008 …

Persistent link: https://www.econbiz.de/10011654611

Was Germany ever united? : evidence from intra- and international trade 1885 - 1933

Wolf, Nikolaus (contributor) - 2008

When did Germany become economically integrated? Within the framework of a gravity model, based on a new data set of about 40,000 observations on trade flows within and across the borders of Germany over the period 1885-1933, I explore the geography of trade costs across Central Europe. There...

Persistent link: https://www.econbiz.de/10003771795

Equity risk premium and regional integration

Arouri, Mohamed; Teulon, Frédéric; Rault, Christophe - 2013

This article contributes to the literature on stock market integration by developing and estimating a capital asset pricing model with segmentation effects in order to assess stock market segmentation and its effects on risk premia at the regional level. We show that the estimated degrees of...

Persistent link: https://www.econbiz.de/10009722414

Trade, conflicts, and political integration : the regional interplays

Vicard, Vincent (contributor) - 2006

Persistent link: https://www.econbiz.de/10003395368

Heterogeneous economic integration agreement effects

Baier, Scott L.; Bergstrand, Jeffrey H.; Clance, Matthew W. - 2015

Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on international trade flows, and the well-known - and traditionally presumed exogenous - "trade-cost elasticity" plays a central role in computing general equilibrium trade-flow and...

Persistent link: https://www.econbiz.de/10011309578

FDI, trade integration and the border effect : evidence from the European Union

Martínez-San Román, Valeriano; Bengoa, Marta; … - 2014

This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern - horizontal versus vertica l- within the European Union and the relevance of trade integration as a potential determinant of investment flows over the period 1995-2009. We capture trade...

Persistent link: https://www.econbiz.de/10010371905

Economic integration agreements, border effects, and distance elasticities in the gravity equation

Bergstrand, Jeffrey H.; Larch, Mario; Yotov, Yoto V. - 2013

Using a novel common econometric specification, we examine the measurement of three important effects in international trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration agreements, national borders, and bilateral distance....

Persistent link: https://www.econbiz.de/10010212649

Whither China? : reform and economic integration among Chinese regions

Fidrmuc, Jan; Fidrmuc, Jarko; Huang, Shuo - 2013

This paper investigates the changing nature of economic integration in China. Specifically, we consider business-cycle synchronization (correlation of demand and supply shocks) among Chinese provinces during the period 1955-2007. We find that the symmetry of supply shocks has declined after the...

Persistent link: https://www.econbiz.de/10009736755

Benefits and challenges of integrating South and Southeast Asia

Bhattacharyay, Biswanath - 2012

production networks. In the 1970-80ś, South Asia stagnated due to its inward-oriented growth strategy and lack of infrastructure … connectivity-resulting in low trade integration and regional connectivity within the region and with Southeast and East Asia …. However, since 1991, South Asia, particularly India has adopted a "Look East" policy and opened its market raising huge …

Persistent link: https://www.econbiz.de/10009540111