This research investigates the hedging effectiveness of stock index futures markets in Malaysia and Singapore by employing various hedge ratio estimation methods, which comprises of the conventional OLS model, VECM, EGARCH and bivariate GARCH. The empirical results indicate that the Kuala Lumpur Futures Index (KLFI) provides higher hedging effectiveness compared to the Straits Times Index (STI)...

In this study, the causal-effect between carbon dioxide emissions and forestry production and trade was investigated in Ghana by employing a data spanning from 1961 to 2014 by using the VECM and ARDL model. Evidence of the long-run equilibrium relationship in the VECM shows that, a 1% increase in veneer sheet production reduces carbon dioxide emissions by 1.47% in the long-run. There was eviden...

Bu çalışmada vadeli piyasa ile spot arasındaki nedensellik yapısı araştırılarak söz konusu ilişki çerçevesinde finansın temel ilke ve hipotezlerinden kurulabilenlerin test edilebilmesi amaçlanmıştır. amaçla 04.01.2010-31.12.2020 tarihlerini kapsayan dönemde (2764 gözlem) BİST 30 Endeksi USD/TL Euro/TL kurlarına ait fiyat serileri incelenmiştir. 11.08.2017-31.12.2020 (875 döneminde de Ruble/TL Y...

Over the past three decades, Albania has had positive and increasing foreign direct investment (FDI) inflows that have brought significant changes in many economic sectors. The paper’s purpose is to analyze dynamic relationship between FDI growth, particularly emphasizing absorption capital variables. research question if human development level, technological development, trade openness, publi...

Bir ekonominin durumu hakkında bilgi sahibi olabilmek ve ekonomi politikalarına yön verebilmek için oluşturulan göstergelerden birisi tüketici güven endeksidir. Borsa endeksi döviz kuru endeksini etkileyen etkilenen yüksek volatiliteye sahip iki önemli değişkendir. Bu amaçla, çalışmada OECD ülkelerinde endeksinde borsa etkisi araştırılmak istenmiştir. OECD'nin 37 üye ülkenin tamamında aynı düze...

The main purpose of the current study is to investigate if tourism affects economic growth China. data set has been acquired from Beijing Municipal Bureau Statistics, and time span takes into account a 20-year period, 2000 2019. To determine strength above-mentioned relationship previous models that have used for this research are mainly VAR (vector auto-regression) VECM error correction) model...

The income of rubber farmers from the sale processing material received by who apply an organized and unorganized marketing system is different. prices are higher because they participate in Processing Marketing Unit for Rubber Material (PMU) carry out auction sales partnerships. very different that farmers. determination research location was carried purposively. Farmer price data taken Banyua...

The main purpose of this study is to ascertain the determinants demand for money and its stability in Azerbaijan using monthly time series data spanning from January 2006 November 2020. Johansen cointegration, vector error correction model (VECM) Impulse Response Function were employed investigate relationship between real (M1), macroeconomic variables, namely income, inflation, interest rate e...

Harga karet alam yang berfluktuasi sangat berpengaruh terhadap kesejahteraan petani karet. Produk berupa SIR 20 Indonesia mengacu pada harga Singapura Commodity (SICOM) yakni pasar berjangka internasional. Dalam 10 tahun terakhir tinggi sehingga perlu kajian. Belum ada mengkaji apakah di tingkat internasional tertransmisi dengan baik ke petani, mengingat beberapa lembaga pemasaran dan pelaku us...