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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 … cointegration and examine the causal relationship between ICT adoption and stock market development. The dependent variable employed …
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This paper implements recent bootstrap panel cointegration techniques and Seemingly Unrelated regression (SUR) methods … stock prices, except in Saudi Arabia. -- GCC stock markets ; oil prices ; panel cointegration analysis … October 2008, and from January 1996 to December 2007, our investigation shows that there is evidence for cointegration of oil …
Persistent link: https://www.econbiz.de/10003854428
implements the panel-data approach of Kónya (2006), which is based on SUR systems and Wald tests with country-specific bootstrap …
Persistent link: https://www.econbiz.de/10003937088
and economic growth. We make use of a Johansen-based panel cointegration methodology allowing for cross-country dependence …
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) estimation of 46 states over the period from 1998 to 2017. The findings confirm that the PMG estimates of the effect of stock … reject the null of no cointegration among the models' variables, which contrasts with the pervasive view concerning the …
Persistent link: https://www.econbiz.de/10012661246
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