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This paper examines global and regional stock market integration in Asia at both the aggregate and disaggregate … (industry) level by applying the Phillips-Sul (2007) tests for panel and club convergence. The main findings can be summarised … Telecommunication, both in a turn-around phase, and Gas & Oil and Technology, for which there is no panel convergence. Club convergence …
Persistent link: https://www.econbiz.de/10011655330
This paper examines global and regional stock market integration in Asia at both the aggregate and disaggregate … (industry) level by applying the Phillips-Sul (2007) tests for panel and club convergence. The main findings can be summarised … Telecommunication, both in a turn-around phase, and Gas & Oil and Technology, for which there is no panel convergence. Club convergence …
Persistent link: https://www.econbiz.de/10011698661
particular? Based on a cointegration analysis applied to stock market movements, I detect for the period after the EU enlargement …
Persistent link: https://www.econbiz.de/10010427556
America, Asia and MENA). It covers the period 1979-2004, and carries out second-generation" tests for non-stationary panels …
Persistent link: https://www.econbiz.de/10010266058
America, Asia and MENA). It covers the period 1979-2004, and carries out second-generation tests for non-stationary panels …
Persistent link: https://www.econbiz.de/10010271098
America, Asia and MENA). It covers the period 1979-2004, and carries out second-generation tests for non-stationary panels …
Persistent link: https://www.econbiz.de/10010271575
We examine the degree of natural gas market integration in Europe, North America and Japan, between the mid 1990's and 2002. The relationship between the international gas marker prices, and their relation to the oil price, are investigated through principal component analysis and Johansen...
Persistent link: https://www.econbiz.de/10010324208
, bivariate and multivariate cointegration techniques are used to assess the degree of integration in four loans and two deposit …
Persistent link: https://www.econbiz.de/10010298099
, bivariate and multivariate cointegration techniques are used to assess the degree of integration in four loans and two deposit …
Persistent link: https://www.econbiz.de/10010301768
reforms which aim at opening these countries to trade and financial channels to the rest of the world. The estimation of time …-varying cross-country correlations allows the econometric investigation to be performed using a panel data framework, raising hence …
Persistent link: https://www.econbiz.de/10010264238