Financial Integration in East Asia

Determinants Of Financial Integration In The East Asia- Pacific Region

determinants of financial integration in the east asia- pacific region

Assessing financial integration: a comparison between Europe and East Asia

Two parallel analyses are carried out in order to assess the degree of integration of financial markets within Europe, within East Asia, between these two regions, and with the external financial community. The investigation is based on cointegration and Granger causality techniques, to detect the presence of short-run and long-run cross-country relationships in equity and bond markets. The emp...

The effects of real and financial integration on output fluctuations in East Asia

The paper analyzes how regional financial and trade integration have affected output fluctuations in East Asia. It also controls for possible effects of specialization patterns and exchange rate policies. The findings hint at a convergent direct effect of trade and FDI integration on output fluctuations. Real and financial integration also have sizable indirect effects on output fluctuations th...

Financial Crisis and Steel Trade Integration in Asia and Pacific: A Static and Dynamic Analysis

The objective of this paper is to explore the effect of financial crisis on trade flows of steel industries in the major Asian-Pacific steel producing countries. Using a static and dynamic panel data analysis, we test the hypothesis that the global financial crisis has a negative effect on Asia-Pacific bilateral steel trade flows. We also examine the role of regional trade integration in bilate...