Stock Interdependencies: The Case of an Emerging East Asian Economy

V G R Chandran and Ramesh Rao
Authors registered in the RePEc Author Service: Chandran V G R ()

The IUP Journal of Applied Economics, 2009, vol. VIII, issue 5-6, 73-82

Abstract: : This paper examines the relationship between stock indices of Malaysia and the emerging East Asian countries, namely South Korea, Taiwan, Hong Kong and Japan. The cointegration analysis found a long-run relationship between the stock indices of Malaysia and South Korea. The results of the Granger causality suggest no evidence of any causality between the stock indices of Malaysia and Japan. Whereas in the short run, a unidirectional causality running from stock indices of South Korea and Hong Kong to that of Malaysia were detected. Conversely, stock indices of Malaysia and Taiwan showed bidirectional causality.

Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:icf:icfjae:v:08:y:2009:i:5-6:p:73-82

Access Statistics for this article

More articles in The IUP Journal of Applied Economics from IUP Publications
Bibliographic data for series maintained by G R K Murty ().