Dependence and contagion between Vietnamese and major East Asian stock markets
by Van Chien Nguyen; Thu Thuy Nguyen
International Journal of Management Practice (IJMP), Vol. 15, No. 4, 2022

Abstract: This research examines the contagion from four major East Asian stock markets including Indonesia, Singapore, Malaysia, and the Philippines to Vietnam's stock market in the financial crisis. Some copula functions are applied on the sample data from five stock exchange markets from 2006 to 2019. The empirical results demonstrate that the Singaporean stock market has an impact on the Vietnamese stock market in pre-crisis and post-crisis periods. In the case of Indonesia, the Indonesian stock market has no impact on the Vietnamese stock market in the pre-crisis and post-crisis periods but during financial crisis, the Indonesian stock market influences the Vietnamese stock market. However, no evidence has been found to demonstrate the influence of the Philippines and Malaysian stock markets on the Vietnamese one in all three periods from 2006 to 2019.

Online publication date: Fri, 29-Jul-2022

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Management Practice (IJMP):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com