Publication:
The impact of subprime crisis on Asia-Pacific Islamic stock markets
DC Field | Value | |
---|---|---|
dc.contributor.author | Zarinah Hamid | |
dc.contributor.author | Zhang Ali Hengchao (Ali Zhang) | |
dc.date.accessioned | 2024-08-23T01:41:01Z | |
dc.date.available | 2024-08-23T01:41:01Z | |
dc.date.issued | 2015 | |
dc.description.abstract | The objective of this study is to examine the impact of the U.S. subprime crisis on the long-term and short-term dynamic relationships between selected Asia-Pacific Islamic stock markets and conventional stock markets in the region. The comovements among these stock markets are examined through cointegration tests, and vector error correction model-based Granger causality tests, for the period from February 2006 to December 2010. The study reveals that, after the debut of the U.S. subprime crisis, Asia-Pacific Islamic stock markets increasingly integrated among themselves and with their conventional counterparts. In addition, the conventional markets of the United States and Japan significantly influence the short-run fluctuations of Asia-Pacific Islamic and conventional markets. | en_US |
dc.identifier.citation | Zhang, A. H., & Hamid, Z. (2015). The impact of subprime crisis on Asia-Pacific Islamic stock markets. Journal of Asia-Pacific Business, 16(2), 105-127. https://doi.org/10.1080/10599231.2015.1028304 | |
dc.identifier.doi | https://doi.org/10.1080/10599231.2015.1028304 | |
dc.identifier.issn | 1059-9231 | |
dc.identifier.uri | https://ikr.inceif.edu.my/handle/INCEIF/4091 | |
dc.language | English | |
dc.language.iso | eng | en_US |
dc.publisher | Taylor & Francis | en_US |
dc.rights | 2015. Taylor & Francis | |
dc.source | SEDONA | |
dc.subject | U.S. subprime crisis | en_US |
dc.subject | Asia-Pacific Islamic stock markets | en_US |
dc.subject | Cointegration | en_US |
dc.subject | VECM | en_US |
dc.subject | Granger causality | en_US |
dc.title | The impact of subprime crisis on Asia-Pacific Islamic stock markets | en_US |
dspace.entity.type | Publication | |
ikr.doctype | Scholarly Works | |
ikr.topic.maintopic | Islamic capital markets | en_US |
relation.isAuthorOfPublication | 5f6539a4-f088-4135-93db-e995b99f68d0 | |
relation.isAuthorOfPublication.latestForDiscovery | 5f6539a4-f088-4135-93db-e995b99f68d0 | |
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