Access the full text.
Sign up today, get DeepDyve free for 14 days.
Marcia Cornett, H. Tehranian (1990)
An Examination of the Impact of the Garn-St. Germain Depository Institutions Act of 1982 on Commercial Banks and Savings and LoansJournal of Finance, 45
R. Aggarwal, Reena Aggarwal (1993)
SECURITY RETURN DISTRIBUTIONS AND MARKET STRUCTURE: EVIDENCE FROM THE NYSE/AMEX AND THE NASDAQ MARKETSJournal of Financial Research, 16
Stephen Brown, Jerold Warner (1980)
MEASURING SECURITY PRICE PERFORMANCEJournal of Financial Economics, 8
Marcia Millon-Cornett, H. Tehranian (1989)
Stock market reactions to the depository institutions deregulation and monetary control act of 1980Journal of Banking and Finance, 13
Myron Scholes, Joseph Williams (1977)
Estimating betas from nonsynchronous dataJournal of Financial Economics, 5
Drusilla Brown, Alan Deardorff, R. Stern (1992)
A North American Free Trade Agreement: Analytical Issues and a Computational AssessmentThe World Economy, 15
Stephen Brown, Jerold Warner (1985)
Using daily stock returns: The case of event studiesJournal of Financial Economics, 14
R. Aggarwal (1990)
Distribution of Spot and Forward Exchange Rates: Empirical Evidence and Investor Valuation of Skewness and Kurtosis*Decision Sciences, 21
Thedor Kohers, Raj Kohli (1991)
The Anomalous Stock Market Behavior of Large Firms in January: The Evidence from the S&P Composite and Composite Indexes, 30
R. Aggarwal, R. Rao, Takatoshi Hiraki (1989)
Skewness And Kurtosis In Japanese Equity Returns: Empirical EvidenceJournal of Financial Research, 12
G. Hufbauer, J. Schott (1993)
NAFTA: An Assessment, Revised Edition
Shahriar Khaksari, E. Bubnys (1992)
Risk-Adjusted Day-of-the-Week, Day-of-the-Month, and Month-of-the-Year Effects on Stock Indexes and Stock Index FuturesThe Financial Review, 27
Reena Aggarwal, Pietra Rivoli (1989)
Seasonal and Day-of-the-Week Effects in Four Emerging Stock MarketsThe Financial Review, 24
This study analyzes the effect of the North American Free Trade Agreement (NAFTA) process on two major segments of the world economy. Specifically, daily stock index returns in the North American markets and the selected Association of South East Asian Nations (ASEAN) markets during the entire agreement process are employed to analyze several NAFTA related events and their effect on respective financial markets. Using an event‐study framework, dummy variable regression analysis reveals that the significance of the events on each county appears random in nature. Joint testing of events, however, shows that except for Singapore, the overall effect of NAFTA is significant on the stock index returns of all countries.
Managerial Finance – Emerald Publishing
Published: Dec 1, 2000
Keywords: Financial markets; Free trade; North America; ASEAN; World economy
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.