Spatio-temporal Analysis of Convergence of Development Level of Selected Stock Exchanges in the Period of 2004–2012

Autor:	Dagna Wleklińska, Elżbieta Szulc
Jazyk:	angličtina
Rok vydání:	2016
Předmět:	Empirical data convergence Economic distance Financial economics physical and economic distance Spatio-Temporal Analysis spatial panel models spatial regimes connectivity matrix Stock exchange Economics Stock market stock exchanges Stock (geology)
Popis:	The paper concerns the convergence of selected stock exchanges from the point of view of their development. It presents the methodological approach which points up taking into account spatial and economic connections among stock markets in convergence analyses. In this analysis the need for division of the stock exchanges according to a spatial regimes is pointed up as well. The research includes 42 largest trading floors analyzed in the period of 2004-2012. The empirical data refer to six diagnostic variables acknowledged as the important determinants of the development of stock markets.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::bb5637898ecc6145555ae6678fccb862 http://repozytorium.umk.pl/handle/item/3634 Zobrazit plný text záznamu