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The problems such as the global energy demand enhancing, greenhouse effect aggravating and climate externalizing and so on have worsen increasingly subsequent to the 21st century. Enhancing consumers¡¯ awareness of environmental protection spurred the global automobile manufacturers to produce...
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This paper examines the ASEAN-5 countries and explores the impact of structural breaks on the level of financial integration in that region. An extended cointegration procedure allowing for three types of structural break, is employed and compared with the standard Johansen procedure, for daily...
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