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LAP Lambert Academic Publishing Global Financial Interdependence: ASEAN Emerging Markets versus US and Japan

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Description

This study empirically explores interdependence of ASEAN emerging markets from the US and Japan during the period from July 1, 1987 to June 30, 2002. Using cointegration technique and generalized method of moments (GMM) estimation, the study documents that ASEAN markets are moving towards a greater integration either among themselves or with the US and Japan. This implies that the benefits from diversifying investments across ASEAN markets will gradually diminish. In regulating their stock markets, the ASEAN countries should take into consideration any developments in their neighbouring countries as well as in the US and Japan.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
21 September 2009
Listed Since
21 September 2009

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