Is the Impact of COVID-19 Significant in Determining Equity Market Integration? Insights from BRICS Economies

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dc.contributor.authorMishra, P.K.
dc.contributor.authorMishra, S.K.
dc.date.accessioned2024-01-21T10:57:46Z
dc.date.accessioned2024-08-14T08:48:51Z
dc.date.available2024-01-21T10:57:46Z
dc.date.available2024-08-14T08:48:51Z
dc.date.issued2022-01-21T00:00:00
dc.description.abstractThis article examined the impact of the unanticipated outbreak of global public health crisis, COVID-19 pandemic, on the equity market performances and on the degree of integration of these markets in BRICS bloc. The empirical analyses lend support to the weakened equity market integration in the BRICS economies amid the pandemic, and the key driving forces include the rate of inflation, the real rate of interest, real exchange rate and composite leading indicator in the long-run, and trade performance and composite leading indicator in the short-run. The implications on the one hand, indicate increased opportunities for international portfolio diversification, and on the other hand, suggest for controlling the macroeconomic uncertainties of inflation, interest rate and exchange rate fluctuations during global health crisis to promote stable economic conditions for ensuring equity market integration in the long-run. � 2022 Emerging Markets Forum, Washington DC.en_US
dc.identifier.doi10.1177/09749101211070960
dc.identifier.issn9749101
dc.identifier.urihttp://10.2.3.109/handle/32116/4433
dc.identifier.urlhttp://journals.sagepub.com/doi/10.1177/09749101211070960
dc.language.isoen_USen_US
dc.publisherSAGE Publications Ltden_US
dc.subjectARDLen_US
dc.subjectBRICSen_US
dc.subjectcointegrationen_US
dc.subjectCOVID-19en_US
dc.subjectequity market integrationen_US
dc.titleIs the Impact of COVID-19 Significant in Determining Equity Market Integration? Insights from BRICS Economiesen_US
dc.title.journalGlobal Journal of Emerging Market Economiesen_US
dc.typeArticleen_US
dc.type.accesstypeOpen Accessen_US

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