The Dynamic Impact of Crude Oil Price and Real Estate Growth on Stock Market Performance

Yau, Josephine Tan Hwang and Awang Omar, Dayang Siti Salbiah binti and Khan, Mubashir Ali and Liwan, Audrey and Kueh, Jerome Swee Hui (2021) The Dynamic Impact of Crude Oil Price and Real Estate Growth on Stock Market Performance. Journal of Contemporary Issues in Business and Government, 27 (2). pp. 2828-2843. ISSN 1323-6903

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This paper examines the effect of crude oil price and real estate growth on Malaysian stock market performance by examining the monthly data from 1999-2016 using both linear and non-linear tests. These tests examine the long-run and short-run relationship among variables. Granger causality test is used to measure the short-run adjustments towards the long-run relationship among the variables. The results of Granger causality test indicates that a bidirectional relationship exists between stock market performance, crude oil price, real estate. In other words, there is a dynamic relationship among the stock market performance, crude oil and real estate.

Item Type: Article
Uncontrolled Keywords: Crude oil price, real estate, stock market, Malaysia.
Subjects: H Social Sciences > HG Finance
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Depositing User: Tan Hwang
Date Deposited: 06 Apr 2021 08:12
Last Modified: 05 Jun 2021 05:59

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