HI,欢迎来到学术之家,发表咨询:400-888-7501  订阅咨询:400-888-7502  股权代码  102064
0

中国股市波动与宏观经济因素波动问的协整关系研究

作者:晏艳阳; 李治; 许均平中国股票市场市场波动协整关系因果关系检验

摘要:The paper analyses the short-term, long-term, cause and effect relationship between Shanghai and Shenzhen Stock Market Indexes of China and macro economic factors by using econometric methodology of time series of co-integrate relationship test, VEC model and granger cause and effect relationship test. The result of experimental analysis indicates co-integrate relationship between fluctuating of Indexes and indicators of M1, securities issued and short-term lending interest rate. And granger cause and effect relationship test indicates strong cause and effect relationship between fluctuating of the Indexes and indicators of retail sale prices and exports. All these demonstrate that Chinese stock markets reflect the situation of macro economy to some extent.

注:因版权方要求,不能公开全文,如需全文,请咨询杂志社

统计研究

《统计研究》(CN:11-1302/C)是一本有较高学术价值的大型月刊,自创刊以来,选题新奇而不失报道广度,服务大众而不失理论高度。颇受业界和广大读者的关注和好评。

杂志详情