Stock market movements and linkages between emerging markets in Asia and developed market indices: Short run and long run analysis Kasilingam Lingaraja, M. Selvam, Ramanujam Veluchamy, Chinnadurai Kathiravan Journal of Critical Reviews, 2020 This research paper investigates the stock market movements and linkages between the Asian emerging markets (China, India, Indonesia, Korea, Malaysia, Philippines, Taiwan and Thailand) and two developed markets (i.e. USA and Japan). This study employs the statistical application of descriptive statistics, unit root test, correlation and pairwise granger causality test. The study used daily data from 01st January, 2005 to 31st December, 2014, to examine both short-run (year wise) and long-run (whole study period) movements and linkages between Asian emerging stock markets and two developed stock markets. The presence of short-run relationship and absence of a strong long-run relationship, among these markets, were found. The short run (year wise) and long run movements and linkages have important implications for investors, risk managers and regulators. It is found that Indian stock market experienced less movements with developed markets (USA and JAPAN). This study also suggested that India's stock market is largely protected from global events i.e., 2007-2008. The sample stock markets of these eight countries of Asian emerging markets provide attractive diversification opportunities, for international portfolio investors during the long run period. All the eight countries of Asian emerging markets provide attractive diversification opportunities for international portfolio investors, over a long period.
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Long run dynamic linkages between emerging stock markets in Asia and a developed stock market (DJIA) Research Journal of Applied Sciences, 2015
Nexus between profitability and environmental performance of Indian firms: An analysis with Granger Causality International Journal of Energy Economics and Policy, 2015
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Efficiency measurement of Kenyan commercial banks Isaiah Onsarigo Miencha, Selvam Murugesan, Vinayagamoorthi Vasanth, Kasilingam Lingaraja, Mariappan Raja Mediterranean Journal of Social Sciences, 2015
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