This paper investigates the degree of integration of in the North American equity markets in the post NAFTA period, 1994 to 2006 and two sub post NAFTA period: 1994-1999 and 2000-2006 using daily stock closing price(s) indices. The Johansen and Juselius (1990) method for determining the presence...

The purpose of this paper is to examine the regional integration of national stock markets. Cluster analysis is utilised in order to determine whether returns generated in national stock markets form groupings. The results suggest that markets are segmented on a regional basis. This finding is...

The paper attempts to assess the interlinkages among the equity markets of SAARC nations by examining the degree of co-movement or association in the long run between the selected subject markets. The time-series data is also tested to examine the impact of shock transmission from one market to...

Neo-liberal globalization has accelerated the space of economic integration in Asia, particularly between the rising superpowers like China and India and other Asian nations. In this connection, the paper examines the degree of economic integration between Malaysia and the rapidly developing...