Examining Causal Relationship between Saudi Stock Market (TASI) and US Stock Markets Indices | Asian

This research explores whether there is a causal link between Saudi stock market and U.S. stock market indices, Saudi Arabia is the world's leading trading partner of America, Dow Jones Industrial Average and S&P 500 are the most widely used indices, the indicated indices are taken for analysis. Several approaches have been used to investigate the nature of partnerships.The Johansen integration approach, however, is considered a more accurate method than other traditional integration methods, the Johansen approach is more robust and performs well for large sample size, the findings show that it is not possible to accept the null hypothesis of no relationship. This implies the nature of a long-term SAUDI-US Stock Market partnership.

Please see the link :- https://globalpresshub.com/index.php/AJEFM/article/view/799