Pakistan using co-integration and causality analysis during the period 0f 1972-2010. A large number of empirical studies on the …-wise Granger Causality results suggest that real GDP and real exchange rate are causing to each other bi-directionally. The real …

Arbitrage and liquidity are interrelated. Liquidity facilitates arbitrageurs' trading on deviations from the law of one … price. However, whether arbitrage opportunity leads to an increase or decrease in liquidity depends on the cause of the … arbitrage and liquidity influence each other in the world's largest platinum futures markets on exchanges in New York and Tokyo …

-Perron (PP) unit root tests were performed for this purpose. Then, the Granger Causality test, Johansen Cointegration, and … study indicated that for India and Turkey, among the Fragile Five, there was a causality relationship between the stock … market indices and the CDS premiums, a short-term relationship. In addition, there was a long-term cointegration relationship …

, cointegration regression, Granger causality and vector error correction model. Findings - The results of panel Johansen …/methodology/approach - The authors use standard statistical tools that include Johansen cointegration test, linearity, normality tests … cointegration analysis show that cointegration exists between the stock prices, the changes in stock prices due to inflation rates …

cointegration and examine the causal relationship between ICT adoption and stock market development. The dependent variable employed …

economic output in ASEAN for the period 1971-2015 using cointegration and causality models. The empirical results from the … models suggest that there is a long-run relationship and there is causality between these variables, indicating that energy …

structural breaks more precisely by means of the Fourier transformations in time series, the Fourier-SHIN Cointegration Test to … determine long-term relationships between time series, and the Fourier Granger Causality Test to determine causality …

expenditure and economic growth by employing the Error Correction Mechanism (ECM) and Johansen co-integration test respectively …