The effect of contagion on stock market development in the Asean 5: A seemingly unrelated regression analysis

The aim of this paper is to empirically examine the effect of contagion from the United States stock market on stock market development in ASEAN-5 countries. By using data from 1990-2014, Seemingly Unrelated Regression estimation results show that the contagion effect from the United States was disp...

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Main Authors:	Mat Yusoff, Mohd Yushairi, Hassan, Sallahuddin
Format:	Article
Language:	English
Published:	Allied Business Academies 2018
Subjects:	HC Economic History and Conditions
Online Access:	http://repo.uum.edu.my/25442/1/AAFSJ%2022%204%202018%201%207.pdf http://repo.uum.edu.my/25442/ https://www.abacademies.org/articles/the-effect-of-contagion-on-stock-market-development-in-the-asean5-a-seemingly-unrelated-regression-analysis-7402.html
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Institution:	Universiti Utara Malaysia
Language:	English

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spelling	my.uum.repo.254422019-01-16T01:26:58Z http://repo.uum.edu.my/25442/ The effect of contagion on stock market development in the Asean 5: A seemingly unrelated regression analysis Mat Yusoff, Mohd Yushairi Hassan, Sallahuddin HC Economic History and Conditions The aim of this paper is to empirically examine the effect of contagion from the United States stock market on stock market development in ASEAN-5 countries. By using data from 1990-2014, Seemingly Unrelated Regression estimation results show that the contagion effect from the United States was displayed by considering interaction term which also support Thornton’s Contagion Theory. Thus, prudential initiatives such as government support, trading supervision, trade openness and the inspiration towards an integrated stock market are recommended. Allied Business Academies 2018 Article PeerReviewed application/pdf en http://repo.uum.edu.my/25442/1/AAFSJ%2022%204%202018%201%207.pdf Mat Yusoff, Mohd Yushairi and Hassan, Sallahuddin (2018) The effect of contagion on stock market development in the Asean 5: A seemingly unrelated regression analysis. Academy of Accounting and Financial Studies Journal, 22 (4). pp. 1-7. ISSN 1528-2635-22-4-251 https://www.abacademies.org/articles/the-effect-of-contagion-on-stock-market-development-in-the-asean5-a-seemingly-unrelated-regression-analysis-7402.html
institution	Universiti Utara Malaysia
building	UUM Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Utara Malaysia
content_source	UUM Institutionali Repository
url_provider	http://repo.uum.edu.my/
language	English
topic	HC Economic History and Conditions
spellingShingle	HC Economic History and Conditions Mat Yusoff, Mohd Yushairi Hassan, Sallahuddin The effect of contagion on stock market development in the Asean 5: A seemingly unrelated regression analysis
description	The aim of this paper is to empirically examine the effect of contagion from the United States stock market on stock market development in ASEAN-5 countries. By using data from 1990-2014, Seemingly Unrelated Regression estimation results show that the contagion effect from the United States was displayed by considering interaction term which also support Thornton’s Contagion Theory. Thus, prudential initiatives such as government support, trading supervision, trade openness and the inspiration towards an integrated stock market are recommended.
format	Article
author	Mat Yusoff, Mohd Yushairi Hassan, Sallahuddin
author_facet	Mat Yusoff, Mohd Yushairi Hassan, Sallahuddin
author_sort	Mat Yusoff, Mohd Yushairi
title	The effect of contagion on stock market development in the Asean 5: A seemingly unrelated regression analysis
title_short	The effect of contagion on stock market development in the Asean 5: A seemingly unrelated regression analysis
title_full	The effect of contagion on stock market development in the Asean 5: A seemingly unrelated regression analysis
title_fullStr	The effect of contagion on stock market development in the Asean 5: A seemingly unrelated regression analysis
title_full_unstemmed	The effect of contagion on stock market development in the Asean 5: A seemingly unrelated regression analysis
title_sort	effect of contagion on stock market development in the asean 5: a seemingly unrelated regression analysis
publisher	Allied Business Academies
publishDate	2018
url	http://repo.uum.edu.my/25442/1/AAFSJ%2022%204%202018%201%207.pdf http://repo.uum.edu.my/25442/ https://www.abacademies.org/articles/the-effect-of-contagion-on-stock-market-development-in-the-asean5-a-seemingly-unrelated-regression-analysis-7402.html
_version_	1644284325503434752

The effect of contagion on stock market development in the Asean 5: A seemingly unrelated regression analysis

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