Financial crisis and African stock market integration Academic Article

abstract

• This article examines long-run relationships and short-run dynamic causal linkages among the five largest emerging African stock markets and the US market, with particular attention to the 1997-1998 global emerging market crisis. In general, interdependence between the African markets and the influence of the US on these markets was limited during 1996-2002. There is evidence that both long-run relationships and short-run causal linkages between these markets were substantially weakened after the crisis.

authors

• Bessler, David

published proceedings

• APPLIED ECONOMICS LETTERS

author list (cited authors)

• Wang, Z., Yang, J., & Bessler, D. A.

citation count

• 43

complete list of authors

• Wang, Z||Yang, J||Bessler, DA

publication date

• July 2003

publisher

• Taylor & Francis  Publisher

published in

• Applied Economics Letters  Journal

Digital Object Identifier (DOI)

• 10.1080/1350485032000100198

start page

• 527

end page

• 533

volume

• 10

issue

• 9

URL

• http://dx.doi.org/10.1080/1350485032000100198