International linkages among stock markets of Malaysia and its major trading partners

This study empirically examines the short- and long-run dynamic causal linkages between Malaysia and its major trading partners (the United States, Japan, Singapore, China, and Thailand) based on a two-step estimation, Autoregressive distributed lag (ARDL) and Generalized Method of Moments (GMM) dur...

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Main Authors:	Karim, Bakri Abdul, Majid, M. Shabri ABD.
Format:	Article
Language:	English
Published:	Taylor ans Francis 2009
Subjects:	HF5001 Business. Business Administration HG4501 Stocks, investment, speculation
Online Access:	http://irep.iium.edu.my/8051/ http://irep.iium.edu.my/8051/ http://irep.iium.edu.my/8051/ http://irep.iium.edu.my/8051/1/International_linkages_among_stock_markets_of_malaysia_and_its_major_trading_partners.pdf

id	iium-8051
recordtype	eprints
spelling	iium-80512011-11-24T20:50:46Z http://irep.iium.edu.my/8051/ International linkages among stock markets of Malaysia and its major trading partners Karim, Bakri Abdul Majid, M. Shabri ABD. HF5001 Business. Business Administration HG4501 Stocks, investment, speculation This study empirically examines the short- and long-run dynamic causal linkages between Malaysia and its major trading partners (the United States, Japan, Singapore, China, and Thailand) based on a two-step estimation, Autoregressive distributed lag (ARDL) and Generalized Method of Moments (GMM) during the period 1992–2008. The study documents that the stronger the trade ties among the countries, the higher the degree of comovements among their stock markets. The Japanese stock market, to some extent, is found to be more important than the United States over these markets. In designing stock market policies, each country should take into consideration of any shocks in its major trading partners. Taylor ans Francis 2009 Article PeerReviewed application/pdf en http://irep.iium.edu.my/8051/1/International_linkages_among_stock_markets_of_malaysia_and_its_major_trading_partners.pdf Karim, Bakri Abdul and Majid, M. Shabri ABD. (2009) International linkages among stock markets of Malaysia and its major trading partners. Journal of Asia-Pacific Business, 10 (4). pp. 326-351. ISSN 1059-9231 http://dx.doi.org/10.1080/10599230903340304 doi:10.1080/10599230903340304
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HF5001 Business. Business Administration HG4501 Stocks, investment, speculation
spellingShingle	HF5001 Business. Business Administration HG4501 Stocks, investment, speculation Karim, Bakri Abdul Majid, M. Shabri ABD. International linkages among stock markets of Malaysia and its major trading partners
description	This study empirically examines the short- and long-run dynamic causal linkages between Malaysia and its major trading partners (the United States, Japan, Singapore, China, and Thailand) based on a two-step estimation, Autoregressive distributed lag (ARDL) and Generalized Method of Moments (GMM) during the period 1992–2008. The study documents that the stronger the trade ties among the countries, the higher the degree of comovements among their stock markets. The Japanese stock market, to some extent, is found to be more important than the United States over these markets. In designing stock market policies, each country should take into consideration of any shocks in its major trading partners.
format	Article
author	Karim, Bakri Abdul Majid, M. Shabri ABD.
author_facet	Karim, Bakri Abdul Majid, M. Shabri ABD.
author_sort	Karim, Bakri Abdul
title	International linkages among stock markets of Malaysia and its major trading partners
title_short	International linkages among stock markets of Malaysia and its major trading partners
title_full	International linkages among stock markets of Malaysia and its major trading partners
title_fullStr	International linkages among stock markets of Malaysia and its major trading partners
title_full_unstemmed	International linkages among stock markets of Malaysia and its major trading partners
title_sort	international linkages among stock markets of malaysia and its major trading partners
publisher	Taylor ans Francis
publishDate	2009
url	http://irep.iium.edu.my/8051/ http://irep.iium.edu.my/8051/ http://irep.iium.edu.my/8051/ http://irep.iium.edu.my/8051/1/International_linkages_among_stock_markets_of_malaysia_and_its_major_trading_partners.pdf
first_indexed	2023-09-18T20:17:40Z
last_indexed	2023-09-18T20:17:40Z
_version_	1777407896089264128

International linkages among stock markets of Malaysia and its major trading partners

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