ARE CHINESE STOCK MARKETS INCREASING INTEGRATION WITH OTHER MARKETS IN THE GREATER CHINA REGION AND OTHER MAJOR MARKETS?
نویسندگان
چکیده
منابع مشابه
Are Chinese stock markets increasing integration with other markets in the greater China region and other major markets?
This paper investigates the cointegrating and long-term causal relationships between the Shanghai A and Bshare market, and between these two markets and the Hong Kong, the Taiwanese, the Japanese and the US market of two sub periods between July 1993 and March 2007. On the basis of a new Granger non-causality test procedure developed by Toda-Yamamoto (1995) and Johansen’s (1988) cointegration t...
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ژورنال
عنوان ژورنال: Australian Economic Papers
سال: 2007
ISSN: 0004-900X,1467-8454
DOI: 10.1111/j.1467-8454.2007.00317.x