Matches in SemOpenAlex for { <https://semopenalex.org/work/W2135206813> ?p ?o ?g. }
- W2135206813 endingPage "587" @default.
- W2135206813 startingPage "563" @default.
- W2135206813 abstract "The capital market plays a significant role in the development of an economy and hence an important determinant of regionalisation and single currency area formation. Stock and other capital markets have been found to predict and promote economic activities. The equity markets have been found to predict recession. As the Anglophone countries in West Africa prepare to introduce a second common currency in the region, it is imperative to assess their readiness by analysing the nature of their capital markets. The paper investigated if stock markets in the zone are integrated, since it is being suggested as the basis for common currency. Both linear and nonlinear cointegration methods were employed. The results from the linear cointegration indicated that the only active stock markets (Ghana Stock Exchange and Nigeria Stock Exchange) in the region are not integrated. However, the linear method showed a bleak sign of integration. A fractional integration method showed that whereas the Ghana Stock Exchange has infinite shock duration, the Nigeria Stock Exchange is long-lived. In effect, the markets are more of segmented than integrated, and hence appropriate for risk diversification. It is suggested that the countries work towards harmonising the capital markets through cross listing and adopting common capital market policies." @default.
- W2135206813 created "2016-06-24" @default.
- W2135206813 creator A5063715698 @default.
- W2135206813 date "2014-05-01" @default.
- W2135206813 modified "2023-09-24" @default.
- W2135206813 title "Stock Market Integration in West African Monetary Zone: A Linear and Nonlinear Cointegration Approach" @default.
- W2135206813 cites W1495779368 @default.
- W2135206813 cites W1508017117 @default.
- W2135206813 cites W1510300848 @default.
- W2135206813 cites W1528646485 @default.
- W2135206813 cites W1544291764 @default.
- W2135206813 cites W1561729569 @default.
- W2135206813 cites W1582271169 @default.
- W2135206813 cites W1587141723 @default.
- W2135206813 cites W1588107700 @default.
- W2135206813 cites W1599970749 @default.
- W2135206813 cites W1925192678 @default.
- W2135206813 cites W1966910378 @default.
- W2135206813 cites W1990981316 @default.
- W2135206813 cites W1992578475 @default.
- W2135206813 cites W2007624460 @default.
- W2135206813 cites W2034707435 @default.
- W2135206813 cites W2045817470 @default.
- W2135206813 cites W2074158860 @default.
- W2135206813 cites W2075589973 @default.
- W2135206813 cites W2103980547 @default.
- W2135206813 cites W2110002822 @default.
- W2135206813 cites W2116160928 @default.
- W2135206813 cites W2118749678 @default.
- W2135206813 cites W2126937861 @default.
- W2135206813 cites W2143849856 @default.
- W2135206813 cites W2144871459 @default.
- W2135206813 cites W2164060531 @default.
- W2135206813 cites W2265276599 @default.
- W2135206813 cites W2792896835 @default.
- W2135206813 cites W3121275215 @default.
- W2135206813 cites W3122296838 @default.
- W2135206813 cites W3122380305 @default.
- W2135206813 cites W3122389818 @default.
- W2135206813 cites W3125007389 @default.
- W2135206813 cites W3125408083 @default.
- W2135206813 cites W628767774 @default.
- W2135206813 cites W2592641299 @default.
- W2135206813 hasPublicationYear "2014" @default.
- W2135206813 type Work @default.
- W2135206813 sameAs 2135206813 @default.
- W2135206813 citedByCount "1" @default.
- W2135206813 countsByYear W21352068132017 @default.
- W2135206813 crossrefType "journal-article" @default.
- W2135206813 hasAuthorship W2135206813A5063715698 @default.
- W2135206813 hasConcept C10138342 @default.
- W2135206813 hasConcept C106159729 @default.
- W2135206813 hasConcept C127413603 @default.
- W2135206813 hasConcept C141121606 @default.
- W2135206813 hasConcept C143910263 @default.
- W2135206813 hasConcept C145162277 @default.
- W2135206813 hasConcept C149782125 @default.
- W2135206813 hasConcept C151730666 @default.
- W2135206813 hasConcept C162324750 @default.
- W2135206813 hasConcept C200870193 @default.
- W2135206813 hasConcept C204036174 @default.
- W2135206813 hasConcept C2780299701 @default.
- W2135206813 hasConcept C2780762169 @default.
- W2135206813 hasConcept C556758197 @default.
- W2135206813 hasConcept C78519656 @default.
- W2135206813 hasConcept C86803240 @default.
- W2135206813 hasConceptScore W2135206813C10138342 @default.
- W2135206813 hasConceptScore W2135206813C106159729 @default.
- W2135206813 hasConceptScore W2135206813C127413603 @default.
- W2135206813 hasConceptScore W2135206813C141121606 @default.
- W2135206813 hasConceptScore W2135206813C143910263 @default.
- W2135206813 hasConceptScore W2135206813C145162277 @default.
- W2135206813 hasConceptScore W2135206813C149782125 @default.
- W2135206813 hasConceptScore W2135206813C151730666 @default.
- W2135206813 hasConceptScore W2135206813C162324750 @default.
- W2135206813 hasConceptScore W2135206813C200870193 @default.
- W2135206813 hasConceptScore W2135206813C204036174 @default.
- W2135206813 hasConceptScore W2135206813C2780299701 @default.
- W2135206813 hasConceptScore W2135206813C2780762169 @default.
- W2135206813 hasConceptScore W2135206813C556758197 @default.
- W2135206813 hasConceptScore W2135206813C78519656 @default.
- W2135206813 hasConceptScore W2135206813C86803240 @default.
- W2135206813 hasIssue "5" @default.
- W2135206813 hasLocation W21352068131 @default.
- W2135206813 hasOpenAccess W2135206813 @default.
- W2135206813 hasPrimaryLocation W21352068131 @default.
- W2135206813 hasRelatedWork W137240272 @default.
- W2135206813 hasRelatedWork W1569531265 @default.
- W2135206813 hasRelatedWork W1625875873 @default.
- W2135206813 hasRelatedWork W2051917303 @default.
- W2135206813 hasRelatedWork W2053954782 @default.
- W2135206813 hasRelatedWork W2090026399 @default.
- W2135206813 hasRelatedWork W2109601837 @default.
- W2135206813 hasRelatedWork W2112910080 @default.
- W2135206813 hasRelatedWork W2258961621 @default.
- W2135206813 hasRelatedWork W2766409367 @default.
- W2135206813 hasRelatedWork W2778863053 @default.
- W2135206813 hasRelatedWork W2779465750 @default.