The Relationship Between The Movements Of Capital Markets In Developed Economies And Their Emerging Market Counterparts In The Asian Pacific Region

dc.contributor.author	Choo Hong, Loo
dc.date.accessioned	2016-10-27T02:49:16Z
dc.date.available	2016-10-27T02:49:16Z
dc.date.issued	2004
dc.description.abstract	This research revisits at the relationship between the movements of capital markets in developed economies and their emerging market counterparts in the Asian Pacific region using market indices of the American, British, Malaysian, Singaporean, Mainland Chinese, Hong Kong Special Administrative Region (SAR), Indian, Japanese and Australian markets for the periods 1997 to 2003. The Johansen's Cointegration Test, Granger Causality Test and Vector Correction Model Test were used to determine the long term and short term relationship between the markets. This study finds that the Asian markets are very much influenced by the events in the United States rather than other developed markets. Of all the markets surveyed, The South East Asian markets are _ the most sensitive towards events in their own region and regions outside themselves. Mainland China in the long run are not affected by events outside themselves. It is implied that Asian markets are rather speculative as most connections between bourses only happens in the short term.	en_US
dc.identifier.uri	http://hdl.handle.net/123456789/2896
dc.subject	Capital Markets	en_US
dc.subject	Capital Markets	en_US
dc.title	The Relationship Between The Movements Of Capital Markets In Developed Economies And Their Emerging Market Counterparts In The Asian Pacific Region	en_US
dc.type	Thesis	en_US

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