on studies of the developed markets and high-income economies of the world. The objective of this study was to examine … the causal relationship between ICT adoption and stock market development in Africa. The study examined a panel of 11 … African stock exchanges for the period 2008-2017 and employed the panel ARDL bounds testing procedure to test for …

and economic growth. We make use of a Johansen-based panel cointegration methodology allowing for cross-country dependence …The aim of this paper is to investigate the long run relationship between the development of banks and stock markets … the direction of potential causality between financial and economic development. Our results conclude to the existence of …

empirical analysis. We undertake; Unit root (ADF, PP and KPSS) tests, Granger Causality test, Engle-Granger Cointegration test … and Error Correction Model. The monthly results of Granger causality test suggest that there is a bidirectional …-Granger residual based cointegration test suggests that there is a long-run relationship between the stock market performance and …

Based on the present value model for stock prices, we utilise a pooled mean group estimator for panel ARDL … cointegration to estimate the long-run relationship between G7 stock prices and macroeconomic variables over the last 40 years. We …

", stock-market fluctuations should Granger cause fluctuations of the unemployment rate. We performed several Granger-causality …, feedback cannot be rejected, whereas the causality clearly runs from the stock market to the unemployment rate in the medium to …

-Yamamoto causality test, we find that stock market performance as proxied by the market capitalization ratio and economic performance …

Hong Kong Investment Fund Association (HKIFA) over the period 2001 – 2008. Cointegration test is used to identify the long … the Granger causality test. We find that there is 56.43% of the equity funds have their price levels cointegrated with … stock market index. In the short run, the Granger causality test indicates that some funds' price levels have both long and …

1995 to Q4 2018. The data were collected from the Central Bank of Sudan (CBS) and Khartoum Stock Exchange (KSE). The …

:Q4). Long Run Granger Causality Test, Johansen's Cointegration Test (both Bivariate & Multivariate) and Vector Error … Correction Mechanism (VECM) are applied. Overall, we find that there is unidirectional long run causality from Stock prices to … for all the macroeconomic variables. Johansen's Cointegration results suggest presence of long run equilibrium …