Publication:
Co-integration and causality analysis between stock market prices and their determinates in Jordan

Simple item page
dc.citedby52
dc.contributor.authorBekhet H.A.en_US
dc.contributor.authorMatar A.en_US
dc.contributor.authorid37100908800en_US
dc.contributor.authorid56741953000en_US
dc.date.accessioned2023-12-28T04:12:59Z
dc.date.available2023-12-28T04:12:59Z
dc.date.issued2013
dc.description.abstractThe current study examines the short- and long-term equilibrium relationship between the stock price index (SPI) and the macroeconomic variables in Jordan. Annual time series data over the 1978-2010 period for industrial production (IP), money supply (M2), exchange rate (EX), and discount rate (DR) were used. The ADF, bound testing approach, CUSUM, and CUSUMQ tests were applied to test the stationary and co-integration among variables. The results suggest the existence of a long-term equilibrium relationship between SPI and the macroeconomic variables (i.e., IP, M2, EX, and DR). � 2013 Elsevier B.V.en_US
dc.description.natureFinalen_US
dc.identifier.doi10.1016/j.econmod.2013.07.012
dc.identifier.epage514
dc.identifier.scopus2-s2.0-84883550346
dc.identifier.spage508
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-84883550346&doi=10.1016%2fj.econmod.2013.07.012&partnerID=40&md5=c207f184af3430212d1b3e241fdc98a7
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/29418
dc.identifier.volume35
dc.pagecount6
dc.sourceScopus
dc.sourcetitleEconomic Modelling
dc.subjectARDL
dc.subjectCo-integration
dc.subjectJordan's economy
dc.subjectMacroeconomic
dc.subjectStock exchange
dc.subjectStock price index
dc.titleCo-integration and causality analysis between stock market prices and their determinates in Jordanen_US
dc.typeArticleen_US
dspace.entity.typePublication
Files
Collections
SCOPUS