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Cointegration Among The Bourse Of BRICS Countries: A Case Of COVID-19 Pandemic.

Authors :
Bansal, Prateek Kumar
Source :
Journal of Pharmaceutical Negative Results. 2022 Special Issue, Vol. 13, p1800-1806. 7p.
Publication Year :
2022

Abstract

This paper is aim to find out the relationship among stock markets of BRICS Countries during the COVID-19. International investors want different portfolio while investing in other countries and policy makers needs information about the economies of the countries so this paper help them to get the relationship among BRICS countries. To find out the Cointegration among these secondary data has been used from 31st December 2019 to 31st December 2020. ADF and PP Test used to check the stationarity in the data set and VAR Model used to find out the cointegration between these countries and Granger Causality test used to find out the Cause relationship among the stock prices of the BRICS Countries. After analysis this paper finds that a significant integration among the BRICS Countries. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09769234
Volume :
13
Database :
Academic Search Index
Journal :
Journal of Pharmaceutical Negative Results
Publication Type :
Academic Journal
Accession number :
160279036
Full Text :
https://doi.org/10.47750/pnr.2022.13.S08.216