{"created":"2025-12-24T23:47:18.545750+00:00","id":2001621,"links":{},"metadata":{"_buckets":{"deposit":"b449388e-e28d-4cc4-a632-2ee235d8f3f0"},"_deposit":{"created_by":65,"id":"2001621","owner":"65","owners":[65],"pid":{"revision_id":0,"type":"depid","value":"2001621"},"status":"published"},"_oai":{"id":"oai:ir.ide.go.jp:02001621","sets":["3552:4093:1737028401805"]},"author_link":[],"item_14_biblio_info_6":{"attribute_name":"bibliographic_information","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2025-12","bibliographicIssueDateType":"Issued"},"bibliographicVolumeNumber":"983","bibliographic_titles":[{"bibliographic_title":"IDE Discussion Paper","bibliographic_titleLang":"en"}]}]},"item_14_description_21":{"attribute_name":"フォーマット","attribute_value_mlt":[{"subitem_description":"application/pdf","subitem_description_language":"en","subitem_description_type":"Other"}]},"item_14_description_23":{"attribute_name":"item_14_description_23","attribute_value_mlt":[{"subitem_description":"IDP000983_001","subitem_description_type":"Other"}]},"item_14_description_3":{"attribute_name":"item_14_description_3","attribute_value_mlt":[{"subitem_description":"This study analyzes stock market “Gulfization,” whereby spillovers from the Gulf Cooperation Council affect equity markets in capital-receiving countries. Using weekly data from 2000–2023, we estimate pairwise VAR models and construct a spillover index based on cumulative impulse responses, which is linked to foreign direct investment, remittances, and trade. Spillovers are strongest in MENA—particularly Egypt, Jordan, and Palestine—moderate in parts of Asia, and weak in Africa. Correlation results show that remittances and trade, rather than FDI, explain spillovers. We conclude that Gulfization reflects a structural form of regional financial interdependence.","subitem_description_language":"en","subitem_description_type":"Abstract"}]},"item_14_geolocation_18":{"attribute_name":"地域/国名","attribute_value_mlt":[{"subitem_geolocation_place":[{"subitem_geolocation_place_text":"Asia"}]},{"subitem_geolocation_place":[{"subitem_geolocation_place_text":"Middle East and North Africa"}]}]},"item_14_identifier_registration":{"attribute_name":"identifier_registration","attribute_value_mlt":[{"subitem_identifier_reg_text":"10.20561/0002001621","subitem_identifier_reg_type":"JaLC"}]},"item_14_publisher_7":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"Institute of Developing Economies　(IDE-JETRO)"}]},"item_14_rights_5":{"attribute_name":"item_14_rights_5","attribute_value_mlt":[{"subitem_rights":"Copyrights 2025 by author(s)","subitem_rights_language":"en"}]},"item_14_subject_17":{"attribute_name":"JEL分類","attribute_value_mlt":[{"subitem_subject":"JEL:F21 - International Investment • Long-Term Capital Movements","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:F24 - Remittances","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:F36 - Financial Aspects of Economic Integration","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:G15 - International Financial Markets","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance","subitem_subject_scheme":"Other"}]},"item_14_version_type_15":{"attribute_name":"出版タイプ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_970fb48d4fbd8a85","subitem_version_type":"VoR"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorAlternatives":[{"creatorAlternative":"齋藤,純","creatorAlternativeLang":"ja"}],"creatorNames":[{"creatorName":"Saito,Jun ","creatorNameLang":"en"}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_date","date":[{"dateType":"Available","dateValue":"2025-12-24"}],"displaytype":"detail","filename":"IDP000983_001.pdf","filesize":[{"value":"906.2 KB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"Full-text PDF","url":"https://ir.ide.go.jp/record/2001621/files/IDP000983_001.pdf"},"version_id":"3e259139-d0fd-4c9f-b489-d4108554dda3"}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"Asia","subitem_subject_scheme":"Other"},{"subitem_subject":"Middle East and North Africa","subitem_subject_scheme":"Other"},{"subitem_subject":"Gulfization","subitem_subject_scheme":"Other"},{"subitem_subject":"GCC countries","subitem_subject_scheme":"Other"},{"subitem_subject":"stock market spillover effects","subitem_subject_scheme":"Other"},{"subitem_subject":"economic ties","subitem_subject_scheme":"Other"},{"subitem_subject":"emerging markets","subitem_subject_scheme":"Other"},{"subitem_subject":"capital flows","subitem_subject_scheme":"Other"},{"subitem_subject":"financial integration","subitem_subject_scheme":"Other"},{"subitem_subject":"Stocks","subitem_subject_scheme":"Other"},{"subitem_subject":"Capital market","subitem_subject_scheme":"Other"},{"subitem_subject":"Capital transfer","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"item_resource_type","attribute_value_mlt":[{"resourcetype":"technical report","resourceuri":"http://purl.org/coar/resource_type/c_18gh"}]},"item_title":"The Gulfization of Stock Markets:Evidence on Regional Spillovers from GCC to MENA, Asia, and Africa","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"The Gulfization of Stock Markets:Evidence on Regional Spillovers from GCC to MENA, Asia, and Africa","subitem_title_language":"en"}]},"item_type_id":"14","owner":"65","path":["1737028401805"],"pubdate":{"attribute_name":"PubDate","attribute_value":"2025-12-24"},"publish_date":"2025-12-24","publish_status":"0","recid":"2001621","relation_version_is_last":true,"title":["The Gulfization of Stock Markets:Evidence on Regional Spillovers from GCC to MENA, Asia, and Africa"],"weko_creator_id":"65","weko_shared_id":-1},"updated":"2025-12-24T23:47:28.216201+00:00"}