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Behavior of GCC stock markets and impacts of US oil and financial markets

✍ Scribed by Shawkat Hammoudeh; Kyongwook Choi


Book ID
113877728
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
326 KB
Volume
20
Category
Article
ISSN
0275-5319

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OIL PRICES AND STOCK MARKETS IN GCC COUN
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## ABSTRACT In this paper, we examine long‐run links between oil prices and stock markets in Gulf Cooperation Council (GCC) using recent bootstrap panel cointegration techniques and seemingly unrelated regression (SUR) methods. Since GCC countries are major world energy market players, their stock