Matches in SemOpenAlex for { <https://semopenalex.org/work/W2128757908> ?p ?o ?g. }
Showing items 1 to 81 of
81
with 100 items per page.
- W2128757908 startingPage "89" @default.
- W2128757908 abstract "This paper uses the Enders and Siklos (2001) asymmetric threshold cointegration test to examine the long run asymmetric equilibrium relationships among Chinese Shanghai and Shenzhen stock markets. We investigate the impact of B share opening on the cointegrated relationship among Chinese stock markets. The estimated results are as follows. First, using conventional Engle-Granger symmetric cointegration test, the B-shares's openning does not reinforce the co-movement among Chinese stock markets. Second, using Enders-Siklos asymmetric threhold cointegration test indicate the B-shares's opening induces the cointegration among Chinese stock marekts. Third, using Granger causality test, Shenzhen A share stock prices lead Shanghai A share stock prices and there is a bidirectional feedback relationship between the B shares prices in Shanghai and Shenzhen stock market before B shares were open. Finally, we find that B share prices lead A share prices in Shanghai stock market and A share prices lead B share prices in Shenzhen stock market after B shares were open. Therefore, investors in Chinese stock markets can not diversity the portfolio risks buying A- and Bshares stocks.Key words: Asymmetric Threshold Cointegration, Asymmetric Threshold Error Correction Model, Chinese Stock Markets" @default.
- W2128757908 created "2016-06-24" @default.
- W2128757908 creator A5013197952 @default.
- W2128757908 creator A5083510599 @default.
- W2128757908 date "2003-12-30" @default.
- W2128757908 modified "2023-09-23" @default.
- W2128757908 title "Does B-Sharefs Opening Influence the Efficiency of Chinese Stock Market? An Application of Asymmetric Threshold Cointegration" @default.
- W2128757908 hasPublicationYear "2003" @default.
- W2128757908 type Work @default.
- W2128757908 sameAs 2128757908 @default.
- W2128757908 citedByCount "1" @default.
- W2128757908 countsByYear W21287579082013 @default.
- W2128757908 crossrefType "journal-article" @default.
- W2128757908 hasAuthorship W2128757908A5013197952 @default.
- W2128757908 hasAuthorship W2128757908A5083510599 @default.
- W2128757908 hasConcept C106159729 @default.
- W2128757908 hasConcept C124953554 @default.
- W2128757908 hasConcept C127413603 @default.
- W2128757908 hasConcept C12747933 @default.
- W2128757908 hasConcept C129824826 @default.
- W2128757908 hasConcept C134024062 @default.
- W2128757908 hasConcept C145162277 @default.
- W2128757908 hasConcept C149782125 @default.
- W2128757908 hasConcept C151730666 @default.
- W2128757908 hasConcept C162324750 @default.
- W2128757908 hasConcept C204036174 @default.
- W2128757908 hasConcept C2779343474 @default.
- W2128757908 hasConcept C2780299701 @default.
- W2128757908 hasConcept C2780762169 @default.
- W2128757908 hasConcept C35138590 @default.
- W2128757908 hasConcept C556758197 @default.
- W2128757908 hasConcept C78519656 @default.
- W2128757908 hasConcept C86803240 @default.
- W2128757908 hasConceptScore W2128757908C106159729 @default.
- W2128757908 hasConceptScore W2128757908C124953554 @default.
- W2128757908 hasConceptScore W2128757908C127413603 @default.
- W2128757908 hasConceptScore W2128757908C12747933 @default.
- W2128757908 hasConceptScore W2128757908C129824826 @default.
- W2128757908 hasConceptScore W2128757908C134024062 @default.
- W2128757908 hasConceptScore W2128757908C145162277 @default.
- W2128757908 hasConceptScore W2128757908C149782125 @default.
- W2128757908 hasConceptScore W2128757908C151730666 @default.
- W2128757908 hasConceptScore W2128757908C162324750 @default.
- W2128757908 hasConceptScore W2128757908C204036174 @default.
- W2128757908 hasConceptScore W2128757908C2779343474 @default.
- W2128757908 hasConceptScore W2128757908C2780299701 @default.
- W2128757908 hasConceptScore W2128757908C2780762169 @default.
- W2128757908 hasConceptScore W2128757908C35138590 @default.
- W2128757908 hasConceptScore W2128757908C556758197 @default.
- W2128757908 hasConceptScore W2128757908C78519656 @default.
- W2128757908 hasConceptScore W2128757908C86803240 @default.
- W2128757908 hasIssue "3" @default.
- W2128757908 hasLocation W21287579081 @default.
- W2128757908 hasOpenAccess W2128757908 @default.
- W2128757908 hasPrimaryLocation W21287579081 @default.
- W2128757908 hasRelatedWork W1481882260 @default.
- W2128757908 hasRelatedWork W1515404261 @default.
- W2128757908 hasRelatedWork W1965089971 @default.
- W2128757908 hasRelatedWork W1994083011 @default.
- W2128757908 hasRelatedWork W2059351869 @default.
- W2128757908 hasRelatedWork W2069743109 @default.
- W2128757908 hasRelatedWork W2098329090 @default.
- W2128757908 hasRelatedWork W2122240136 @default.
- W2128757908 hasRelatedWork W2134666600 @default.
- W2128757908 hasRelatedWork W2136056119 @default.
- W2128757908 hasRelatedWork W2153334353 @default.
- W2128757908 hasRelatedWork W2187286178 @default.
- W2128757908 hasRelatedWork W2206613155 @default.
- W2128757908 hasRelatedWork W2363968051 @default.
- W2128757908 hasRelatedWork W2366834855 @default.
- W2128757908 hasRelatedWork W2368184646 @default.
- W2128757908 hasRelatedWork W2620965689 @default.
- W2128757908 hasRelatedWork W3123334128 @default.
- W2128757908 hasRelatedWork W2184314227 @default.
- W2128757908 hasRelatedWork W2185476470 @default.
- W2128757908 hasVolume "11" @default.
- W2128757908 isParatext "false" @default.
- W2128757908 isRetracted "false" @default.
- W2128757908 magId "2128757908" @default.
- W2128757908 workType "article" @default.