References
- Agénor , P-R and Montiel , PJ . 1996 . Development Macroeconomics , Princeton, NJ : Princeton University Press .
- Ahlgren , N and Antell , J . 2002 . Testing for cointegration between international stock prices . Applied Financial Economics , 12 : 851 – 61 .
- Berry , A . 1983 . “ A descriptive history of Colombian industrial development in the twentieth century ” . In Essays on Industrialization in Colombia , Edited by: Berry , A. 7 – 98 . Tempe AZ : Center for Latin American Studies, Arizona State University .
- Choudhry , T . 1997 . Stochastic trends in stock prices: evidence from Latin American markets . Journal of Macroeconomics , 19 : 285 – 304 .
- Chowdhury , AR . 1994 . Stock market interdependencies: evidence from the Asian NIEs . Journal of Macroeconomics , 16 : 629 – 51 .
- Corhay , A , Tourani Rad , A and Urbain , J-P . 1993 . Common stochastic trends in European stock markets . Economics Letters , 42 : 385 – 90 .
- Corhay , A , Tourani Rad , A and Urbain , J-P . 1995 . Long run behaviour of Pacific-Basin stock prices . Applied Financial Economics , 5 : 11 – 8 .
- Dickey , D and Fuller , W . 1979 . Distribution of the estimators for autoregressive time series with a unit root . Journal of the American Statistical Association , 74 : 427 – 31 .
- Fernández-Serrano , JL and Sosvilla-Rivero , S . 2003 . Modelling the linkages between US and Latin American stock markets . Applied Economics , 35 : 1423 – 34 .
- Kasa , K . 1992 . Common stochastic trends in international stock markets . Journal of Monetary Economics , 29 : 95 – 124 .
- Lütkepohl , H . 2004 . “ Vector autoregressive and vector error correction models ” . In Applied Time Series Econometrics , Edited by: Lütkepohl , H. and Krätzig , M. 86 – 158 . Cambridge : Cambridge University Press .
- MacKinnon , JG . 1996 . Numerical distribution functions for unit root and cointegration tests . Journal of Applied Econometrics , 11 : 601 – 18 .
- Pirinsky , C and Wang , Q . 2006 . Does corporate headquarters location matter for stock returns? . Journal of Finance , 61 : 1991 – 2015 .
- Yepes , C , Forero , C and Lovera , J . 1978 . Arbitraje entre las bolsas de Medellín y Bogotá . Estrategia Económica y Financiera , 11 : 29
- Zhou , Q and Zhou , Z . 2005 . Stock returns, volatility, and cointegration among Chinese stock markets . China and World Economy , 13 : 106 – 22 .