scholarly journals Linkages and performance comparison among Eastern Europe stock markets

2014 ◽  
Author(s):  
José Soares Da Fonseca
Keyword(s):  
Stock Markets ◽  
Performance Comparison ◽  
Market Model ◽  
Var Model ◽  
Time Varying ◽  
Comparative Performance ◽  
Regional Market ◽  
Auto Regressive ◽  
And Performance ◽  
The Empirical Analysis

This article studies the linkages among the stock markets of Bulgaria, Czech Republic, Estonia, Hungary, Poland, Romania, Russia, Serbia, Slovenia and Ukraine. The empirical analysis begins with the estimation of a regional market model, whose beta parameters depend on predetermined information variables. Those parameters support the calculation of time‑varying Treynor ratios used on a comparative performance analysis. A Vector Auto Regressive Model (VAR) is used to estimate the performance causality within this group of markets. The VAR model results provide evidence that there is reciprocal performance across the majority of the selected stock markets.

scholarly journals Time-varying Integration of Stock Markets from Global and Regional Perspective in Asia-Pacific

2021 ◽  
Vol 25 (3) ◽  
pp. 466-491
Author(s):  
Hayun Kusumah ◽  
Marwan Asri ◽  
Kusdhianto Setiawan ◽  
Bowo Setiyono
Keyword(s):  
Financial Crisis ◽  
Stock Markets ◽  
Market Integration ◽  
Global Market ◽  
Asia Pacific ◽  
Dominant Factor ◽  
Time Varying ◽  
Regional Market ◽  
Regional Perspective

This study investigates the time-varying integration of stock markets from a global and regional perspective, the consequences of two major global financial crises, i.e., the Asian Financial Crisis and the subprime mortgage, and the Crisis triggered by COVID-19. We contribute to the growing amount of literature on market integration, especially on the role of regional to global market integration. Although regional integration encourages an acceleration of global integration, the effect of a regional factor is not uniform among regions. It is important to understand regional to global market integration and the consequences during the crises. This study employs time-series data from economic territories based on the Morgan Stanley Capital International (MSCI) Asia-Pacific classification. It introduces an alternative measurement of time-varying integration by considering the correlation of regional and global markets using a simple international model, equivalent to the capital asset pricing model (CAPM). The result shows that the market integrations are time-varying both globally and regionally. The domestic markets are affected by the global market and its regional market, as the role of a regional market emerges during the financial crisis period. We find the different responses of stock markets during the Covid-19 period as a dominant factor to exacerbate the market return globally. In the long run, the upward trend for the regional market integration in both developed and emerging markets is inherent to the global market integration.DOI: 10.26905/jkdp.v25i3.5822

Design and Performance Comparison of Planar and Linear Antenna Array Using ADS

2014 ◽  
Vol 3 (2) ◽  
pp. 22-26
Author(s):  
V. S. Prabhu ◽  
◽  
V. P. Surya Surendran ◽  
V. G. Veena ◽  
◽  
...  
Keyword(s):  
Antenna Array ◽  
Performance Comparison ◽  
Linear Antenna ◽  
Linear Antenna Array ◽  
And Performance

SIMULATION AND PERFORMANCE COMPARISON OF VARIABLE SPEED MULTI-PHASE PMSM MACHINES

2018 ◽  
Vol 9 (1) ◽  
pp. 7
Author(s):  
MOIN SIDDIQUI KHADIM ◽  
FATMA AMREEN ◽  
KHURSHEED SIDDIQUI MOHD ◽  
◽  
◽  
...  
Keyword(s):  
Performance Comparison ◽  
Variable Speed ◽  
And Performance ◽  
Multi Phase

Application of vacuum belt press filters for cane mud filtration and performance comparison with rotary filters

2014 ◽  
pp. 298-301 ◽  
Author(s):  
Arnaud Petit
Keyword(s):  
Electricity Consumption ◽  
Performance Comparison ◽  
Operating Conditions ◽  
Vacuum Filter ◽  
Sugar Mill ◽  
Belt Press ◽  
Vacuum Belt ◽  
And Performance ◽  
Mud Filtration ◽  
The Impact

Bois-Rouge factory, an 8000 t/d cane Reunionese sugarcane mill, has fully equipped its filtration station with vacuum belt press filters since 2010, the first one being installed in 2009. The present study deals with this 3-year experience and discusses operating conditions, electricity consumption, performance and optimisation. The comparison with the more classical rotary drum vacuum filter station of Le Gol sugar mill highlights advantages of vacuum belt press filters: high filtration efficiency, low filter cake mass and sucrose content, low total solids content in filtrate and low power consumption. However, this technology needs a mud conditioning step and requires a large amount of water to improve mud quality, mixing of flocculant and washing of filter belts. The impact on the energy balance of the sugar mill is significant. At Bois-Rouge mill, studies are underway to reduce the water consumption by recycling low d.s. filtrate and by dry cleaning the filter belts.

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