The nexus between financial integration and real economy: Solow-growth model concept

This paper aims to investigate the nexus between financial integration and the real economy in ASEAN + 3 economies based on the concept of Solow-Growth Model. The equity indices as a proxy for financial markets are collected from each ASEAN + 3 members and are segmented between two periods; before a...

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Main Authors:	Rahman, Md. Saifur, Shahari, Farihana
Format:	Article
Language:	English English English
Published:	Elsevier Ltd 2017
Subjects:	HG Finance HG4001 Financial management. Business finance. Corporation finance.
Online Access:	http://irep.iium.edu.my/63091/ http://irep.iium.edu.my/63091/ http://irep.iium.edu.my/63091/ http://irep.iium.edu.my/63091/1/63091_The%20nexus%20between%20financial%20integration_article.pdf http://irep.iium.edu.my/63091/2/63091_The%20nexus%20between%20financial%20integration_scopus.pdf http://irep.iium.edu.my/63091/13/63091_The%20nexus%20between%20financial%20integration%20and%20real%20economy_scopus.pdf

id	iium-63091
recordtype	eprints
spelling	iium-630912019-08-17T07:16:39Z http://irep.iium.edu.my/63091/ The nexus between financial integration and real economy: Solow-growth model concept Rahman, Md. Saifur Shahari, Farihana HG Finance HG4001 Financial management. Business finance. Corporation finance. This paper aims to investigate the nexus between financial integration and the real economy in ASEAN + 3 economies based on the concept of Solow-Growth Model. The equity indices as a proxy for financial markets are collected from each ASEAN + 3 members and are segmented between two periods; before and after the financial cooperation agreement period. The finding presents several outcomes; 1) no cointegration nexus is found in the system during the pre-agreement periods; 2) the markets are found cointegrated during the post-agreement period, 3) financial integration is found to influence the real sectors of ASEAN + 3 economies. Finally, this study offers policy implications to improve financial integration for stabilizing the real economy. Elsevier Ltd 2017-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/63091/1/63091_The%20nexus%20between%20financial%20integration_article.pdf application/pdf en http://irep.iium.edu.my/63091/2/63091_The%20nexus%20between%20financial%20integration_scopus.pdf application/pdf en http://irep.iium.edu.my/63091/13/63091_The%20nexus%20between%20financial%20integration%20and%20real%20economy_scopus.pdf Rahman, Md. Saifur and Shahari, Farihana (2017) The nexus between financial integration and real economy: Solow-growth model concept. Research in International Business and Finance, 42. pp. 1244-1253. ISSN 0275-5319 https://www.sciencedirect.com/science/article/pii/S0275531916304366 10.1016/j.ribaf.2017.07.062
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English English
topic	HG Finance HG4001 Financial management. Business finance. Corporation finance.
spellingShingle	HG Finance HG4001 Financial management. Business finance. Corporation finance. Rahman, Md. Saifur Shahari, Farihana The nexus between financial integration and real economy: Solow-growth model concept
description	This paper aims to investigate the nexus between financial integration and the real economy in ASEAN + 3 economies based on the concept of Solow-Growth Model. The equity indices as a proxy for financial markets are collected from each ASEAN + 3 members and are segmented between two periods; before and after the financial cooperation agreement period. The finding presents several outcomes; 1) no cointegration nexus is found in the system during the pre-agreement periods; 2) the markets are found cointegrated during the post-agreement period, 3) financial integration is found to influence the real sectors of ASEAN + 3 economies. Finally, this study offers policy implications to improve financial integration for stabilizing the real economy.
format	Article
author	Rahman, Md. Saifur Shahari, Farihana
author_facet	Rahman, Md. Saifur Shahari, Farihana
author_sort	Rahman, Md. Saifur
title	The nexus between financial integration and real economy: Solow-growth model concept
title_short	The nexus between financial integration and real economy: Solow-growth model concept
title_full	The nexus between financial integration and real economy: Solow-growth model concept
title_fullStr	The nexus between financial integration and real economy: Solow-growth model concept
title_full_unstemmed	The nexus between financial integration and real economy: Solow-growth model concept
title_sort	nexus between financial integration and real economy: solow-growth model concept
publisher	Elsevier Ltd
publishDate	2017
url	http://irep.iium.edu.my/63091/ http://irep.iium.edu.my/63091/ http://irep.iium.edu.my/63091/ http://irep.iium.edu.my/63091/1/63091_The%20nexus%20between%20financial%20integration_article.pdf http://irep.iium.edu.my/63091/2/63091_The%20nexus%20between%20financial%20integration_scopus.pdf http://irep.iium.edu.my/63091/13/63091_The%20nexus%20between%20financial%20integration%20and%20real%20economy_scopus.pdf
first_indexed	2023-09-18T21:29:30Z
last_indexed	2023-09-18T21:29:30Z
_version_	1777412415243157504

The nexus between financial integration and real economy: Solow-growth model concept

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