تكامل البورصات العربية السعودية الأردن أبو ظبي و مصر باستخدام اختبارات التكامل المتزامن خلال الفترة 2001-2020

الملخص EN

This study tests the integration of Arab stock exchanges in Saudi Arabia, Jordan, Abu Dhabi and Egypt during 2001-2020, using the Johansen co-integration tests and the VECM error correction model.

The study concluded that there is a long-term balance relationship between stock prices and the presence of the error correction factor; it includes a causal relationship of the three indicators towards the Saudi index in the long term only, which encourages joint action and the establishment of economic integration among Arab countries.