Financial Integration between Indonesia and International Markets: An Application of ARDL Bound Testing Approach

• Main Authors: ABDUL KARIM, BAKRI, Majid ABDUL, M SHABRI, ABDUL KARIM, SAMSUL ARIFFIN
• Format: Conference or Workshop Item
• Published: 2009
• Subjects: HG Finance
• Online Access: http://eprints.utp.edu.my/7223/1/Financial_Integration_between_Indonesia_and_International_Markets_Gaber_2009_BEST_PAPER_AWARD.pdf; http://eprints.utp.edu.my/7223/

This study examines stock market integration among the emerging stock market of Indonesia and its major trading partners (Japan, the US, Singapore and China). We employ the newly proposed autoregressive distributed lag (ARDL) approach to cointegration and recent weekly stock market data spanning fro...