scholarly journals Do stock market returns predict changes to output? Evidence from a nonlinear panel data model

2004 ◽  
Vol 29 (3) ◽  
Author(s):  
�lan T. Henry ◽  
Nilss Olekalns ◽  
Jonathan Thong
Keyword(s):  
Panel Data ◽  
Stock Market ◽  
Data Model ◽  
Panel Data Model ◽  
Market Returns ◽  
Stock Market Returns

Nonparametric panel data model for crude oil and stock market prices in net oil importing countries

2017 ◽  
Vol 67 ◽  
pp. 255-267 ◽  
Author(s):  
Param Silvapulle ◽  
Russell Smyth ◽  
Xibin Zhang ◽  
Jean-Pierre Fenech
Keyword(s):  
Panel Data ◽  
Stock Market ◽  
Crude Oil ◽  
Data Model ◽  
Panel Data Model ◽  
Market Prices

Relationship between Foreign Portfolio Investments (FPI), Domestic Institutional Investors, and Stock Market Returns in India

GIS Business ◽  
2017 ◽  
Vol 12 (6) ◽  
pp. 1-9
Author(s):  
Dhananjaya Kadanda ◽  
Krishna Raj
Keyword(s):  
Stock Market ◽  
Institutional Investors ◽  
Negative Relationship ◽  
Trading Strategies ◽  
Market Returns ◽  
Stock Market Returns ◽  
Foreign Portfolio Investment ◽  
Stock Market Return ◽  
Indian Stock Market ◽  
Feedback Trading

The present article attempts to understand the relationship between foreign portfolio investment (FPI), domestic institutional investors (DIIs), and stock market returns in India using high frequency data. The study analyses the trading strategies of FPIs, DIIs and its impact on the stock market return. We found that the trading strategies of FIIs and DIIs differ in Indian stock market. While FIIs follow positive feedback trading strategy, DIIs pursue the strategy of negative feedback trading which was more pronounced during the crisis. Further, there is negative relationship between FPI flows and DII flows. The results indicate the importance of developing strong domestic institutional investors to counteract the destabilising nature FIIs, particularly during turbulent times.

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