Examining Relationship Between Palestine and Amman Stock - Cointegration Approach

• Main Authors: Abdul Razak Abdul Hadi, Shadi Hamad, Mohamed Hisham Yahya, Tahir Iqbal
• Language: English
• Published: 2013
• Subjects: PEX; ASE; Cointegration Procedure; Granger Causality Test; Stock Market Index
• Online Access: http://ir.unikl.edu.my/jspui/handle/123456789/5222

This paper aims at examining the probable equilibrium and dynamic relations between Palestine Stock Exchange (PEX) and Amman Stock Exchange (ASE). Within the framework of international trade theories, this study employs Engle-Granger Cointegration procedure (1987) as an estimation model involving mo...