capital integration with cointegration techniques. This approach minimizes the risk of accepting the null of no cointegration … provide partial support in favor of cointegration, and therefore for capital markets integration, among stock market indices … when proper attention is given to issues like the identification and temporal stability of the cointegration vectors as …

between the variables. The evidence reveals that there is a strong long-run cointegration. The robustness of the ARDL bounds … Turkey for the period between January 2001 and September 2016. This study uses the autoregressive distributed lag (ARDL … test cointegration was confirmed using the newly-developed combined cointegration, which also provided the same evidence …

the conventional symmetrical panel ARDL (PARDL) model was not able to formulate long-run cointegration between currency …. However, asymmetrical cointegration was established between the currency values and stock market indexes for the pre …