![Sample our Economics, Finance,Business & Industry journals, sign in here to start your access, latest two full volumes FREE to you for 14 days]({"type":"image" , "src" : "/sda/5931/TOC-Subject-Sample-2021-Economics-Finance-Business-Industry.jpg"})
Abstract
An empirical investigation is offered of the number of common trends in stock returns in seven Asian emerging markets. There is evidence of a single common trend. Following Kasa (Kasa, K., 1992, Common stochastic trends in international stock markets, Journal of Monetary Economics, 29, 95–124) a measure is obtained of common trend and graphic evidence is provided in favour of market interdependence.