The Synchronization of Financial and Trade Integration of the EU10 Countries by Using the Method of Classical and Dynamic Correlation

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F13%3A86086846" target="_blank" >RIV/61989100:27510/13:86086846 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The Synchronization of Financial and Trade Integration of the EU10 Countries by Using the Method of Classical and Dynamic Correlation

Popis výsledku v původním jazyce

Financial and trade integration are interconnected processes and should not be assessed separately. Using a data sample of EU10 member countries over the period 1993-2012 we assess the relationship between financial and trade integration in the EU10 member countries. As the basic measurement of the dependence between indicators we use the method classical correlation. Because the sample size is small and with respect to the annual character of the data, we additionally calculate the moving correlation to evaluate behaving dependence in the time. Consequently we apply the method of dynamic correlation which provides a detailed view to the structure of dependency also from the frequency point of view. The result of the dynamic correlation is used for validation of the results obtained from the previous methodological steps. The empirical evidence of the dependence is validated across all three mentioned approaches. We conclude that there is a strong linear association between financial a

Název v anglickém jazyce

The Synchronization of Financial and Trade Integration of the EU10 Countries by Using the Method of Classical and Dynamic Correlation

Popis výsledku anglicky

Financial and trade integration are interconnected processes and should not be assessed separately. Using a data sample of EU10 member countries over the period 1993-2012 we assess the relationship between financial and trade integration in the EU10 member countries. As the basic measurement of the dependence between indicators we use the method classical correlation. Because the sample size is small and with respect to the annual character of the data, we additionally calculate the moving correlation to evaluate behaving dependence in the time. Consequently we apply the method of dynamic correlation which provides a detailed view to the structure of dependency also from the frequency point of view. The result of the dynamic correlation is used for validation of the results obtained from the previous methodological steps. The empirical evidence of the dependence is validated across all three mentioned approaches. We conclude that there is a strong linear association between financial a

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/GAP403%2F11%2F2073" target="_blank" >GAP403/11/2073: Procykličnost finančních trhů, bubliny v cenách aktiv a makroprudenční regulace</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Mathematical Methods in Economics 2013 : 31st international conference : 11-13 September 2013, Jihlava, Czech Republic

ISBN

978-80-87035-76-4

ISSN

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e-ISSN

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Počet stran výsledku

6

Strana od-do

488-493

Název nakladatele

College of Polytechnics Jihlava

Místo vydání

Jihlava

Místo konání akce

Jihlava

Datum konání akce

11. 9. 2013

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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