Foreign Speculators and Emerging Equity Markets

By Geert Bekaert, Campbell R. Harvey. 2000

2,042 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/f6f712c28cc634724a17164069f4cc2f686d17eb

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In Strategy and Management

Citations in the corpus

Melting Pot or Salad Bowl: Some Evidence from U.S. Investments Abroad (2008, positive): “We use three measures: exports plus imports divided by GDP, which is defined as openness in Bekaert and Harvey (1995), a capital controls index constructed as in Bartolini and Drazan (1997), and a liberalization dummy constructed from Bekaert and Harvey (2000).”
Short-Run Pain, Long-Run Gain: Financial Liberalization and Stock Market Cycles (2007, neutral): “Bekaert and Harvey (2000) improve over the IFC measure by also including other indicators of deregulation of the stock market, such as the establishment of new investment vehicles like country funds and depositary receipts.”
Disclosure, Corporate Governance and Foreign Share Ownership on the Zimbabwe Stock Exchange (2007, neutral): “First, foreign investor participation promotes development of emerging markets through its enlargement of the supply of capital (Bekaert and Harvey, 2000; Bekaert et al., 2001; Ramaswamy and Li, 2001), and thus ensuring liquidity and efficiency of these markets (Bekaert and Harvey, 2000).”
Cross-Sectional Return Dispersion and Time Variation in Value and Momentum Premiums (2010, neutral): “2See Chordia and Shivakumar (2002), GKZ (2003), CGH (2004), Zhang (2005), Avramov and Chordia (2006), and Gulen et al.”
International portfolio diversification is better than you think (2011, neutral): “For empirical evidence, see Bekaert and Harvey (2000), Goetzman, Li and Rouwenhorst (2002), Walti (2005), and Quinn and Voth (2006).”
Internationalization and Stock Market Liquidity (2005, positive): “Fifth, besides examining firms that internationalize by issuing depositary receipts in New York, we also examine (i) firms that issue 7 See, for example, Bekaert and Harvey (1995, 2000), Bekaert, Harvey, and Lundblad (2003, 2004), Henry (2000), and Levine and Zervos (1998a,b).”
Stock Prices and Exchange Rate Dynamics (2005, neutral): “As Bekaert and Harvey (2000) point out liberalisation may not be enough to induce foreign investors to actually invest in the country.”
The Economic Origins of Democracy Reconsidered (2012, neutral): “Second, international markets, by definition, have a bigger “investment opportunity set” (see Bekaert and Harvey 2000, Grubel 1968, and Quinn and Voth 2008, for discussions).”
International Financial Integration (2003, neutral): “Bekaert and Harvey (2000) have attempted to date the integration of emerging market stock exchanges into the global market, using an asset price model.”