502
Views
12
CrossRef citations to date
0
Altmetric
Original Articles

Stock market capitalization and financial integration in the Asia Pacific region

, , , &
Pages 1951-1961 | Published online: 01 Apr 2011

References

  • Ahmad , ZB , Sarmidi , T and Tan , HB . 2003 . Dynamic linkages of Asian stock markets . Journal of Asia Pacific Economy , 8 : 180 – 209 .
  • Arshanapalli , B and Doukas , J . 1993 . International stock market linkages: evidence from the pre- and post-October 1987 period . Journal of Banking and Finance , 17 : 193 – 208 .
  • Cavoli, T., Rajan, R. S. and Siregar, R. (2004) A survey of financial integration in East Asia: how far? How much further to go?, Discussion Paper No. 0401, Center for International Economic Studies, University of Adelaide.
  • Click , RW and Plummer , MG . 2005 . Stock market integration in ASEAN after the Asian financial crisis . Journal of Asian Economics , 16 : 5 – 28 .
  • Daly , KJ . 2003 . Southeast Asian stock market linkages: evidence from pre- and post-October 1997 . ASEAN Economic Bulletin , 20 : 73 – 85 .
  • Desai , MA and Dharmapala , D . 2011 . Taxes, dividends and international portofolio choice . The Review of Economics and Statistics , 93 : 266 – 84 .
  • Engle , EF and Granger , CWJ . 1987 . Cointegration and error correction: representation, estimation and testing . Econometrica , 55 : 251 – 76 .
  • Freeman , NJ . 2000 . A regional platform for trading Southeast Asia equities: viable option or lofty ‘red herring’? Working Paper No. 4, Institute of Southeast Asian Studies. Available at http://www.iseas.edu.sg/rpaper.html (accessed 7 February 2011)
  • Granger , CWJ . 1988 . Investigating causal relations by econometric models and cross-spectral methods . Econometrica , 37 : 424 – 38 .
  • Hsiao , C . 1979a . Autoregressive modelling of Canadian money and income data . Journal of American Statistical Association , 74 : 553 – 60 .
  • Hsiao , C . 1979b . Causality tests in econometrics . Journal of Economic Dynamics and Control , 1 : 321 – 46 .
  • Johansen , S . 1988 . Statistical analysis of cointegration vectors . Journal of Economic Dynamics and Control , 12 : 231 – 54 .
  • Levy , H and Sarnat , M . 1970 . International diversification of investment portfolios . American Economic Review , 60 : 668 – 75 .
  • MacKinnon , JG . 1996 . Numerical distribution functions for unit-roots and cointegration tests . Journal of Applied Econometrics , 11 : 601 – 18 .
  • Ng , HN . 2002 . Stock market linkages in South-East Asia . Asian Economic Journal , 16 : 353 – 77 .
  • Ng , S and Perron , P . 1995 . Unit root tests in ARMA models with data-dependent methods for the selection of the truncation lag . Journal of American Statistical Association , 90 : 268 – 81 .
  • Rajan , RG and Zingales , L . 1998 . Financial dependence and growth . American Economic Review , 88 : 559 – 86 .
  • Torre , A , Gozzi , JC and Schmukler , SL . 2006 . Stock market development under globalization: whither the gains from reforms? . Journal of Banking and Finance , 31 : 1731 – 54 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.