id author title date pages extension mime words sentences flesch summary cache txt cord-323716-ak6zgyh1 Lin, Tsoyu Calvin Are stock and real estate markets integrated? An empirical study of six Asian economies 2011-11-30 .txt text/plain 7527 424 58 Numerous studies have explored the relationship between the stock market and the real estate market in the U.S., but results have been inconsistent, perhaps due to differences in sampling areas, sampling periods, data quality, or economic environments (Ambrose, Ancel and Griffiths, 1992; Chaudhry, Myer, and Webb, 1999; Fraser, Leishman, and Tarbert, 2002; Liow and Yang, 2005; Ling and Naranjo, 1999; Liu et al., 1990; Okunev and Wilson, 1997; Wilson, Okunev, and Ta, 1996; Wilson and Okunev, 1999) . Other economies, such as China, Hong Kong, South Korea, Singapore, and Taiwan do not show a cointegration relationship since the null hypothesis r = 0 is not rejected, indicating that the stock market is segmented from the real estate market in these economies. Therefore, we examined the integration relationship between the stock and real estate markets in China, Hong Kong, Japan, Singapore, South Korea, and Taiwan. ./cache/cord-323716-ak6zgyh1.txt ./txt/cord-323716-ak6zgyh1.txt