Taiwan''s weighted index, Hong Kong''s Hang Seng Index and Shanghai A shares / 台灣加權股價指數、香港恆生股價指數與上海A股股市之關連性

碩士 / 國立雲林科技大學 / 財務金融系碩士班 / 97 / “Chaiwan, what refers to is China (China) adds on Taiwan (Taiwan) the enterprise cooperation new product.” These words in various media page layout, appear frequently. Takes office after the horse government, the relations across the Straits melt the ice gradually, Always regards as by the industry the development barrier the special operational policy measures also gradually opens, The investment condition large relaxation''s result accomplishes many economical interaction effect.
At the same time, the Chinese main family electrical industry is the coordination “the electrical appliances goes to the country”, “the stimulation domestic demand” and so on policies, changes purchases the kneading board massively to Taiwan.The mainland lets both banks industry cooperation even more turn red-hot to the Taiwan purchase measure, causes to wish luck on moving to a new home the city occupying rate champion the South Korean kneading board industry to step down 2nd, mounts the market by Taiwan first. Is day by day close along with Taiwan and mainland China''s trade relation, the stock market should also have the suitable degree gearing influence
Research of period this research for this research period from January, 1997 stopped to December 31, 2008, the material state for date material altogether 2732, obtained the following real diagnosis result by the vector self-regression model examination:

1.Taiwan weighting stock price index, Hong Kong Hengsheng stock price index and Shanghai A, three have not had some kind of linear combination, may cause the long-term balanced relational establishment
2.Taiwan weighting stock price index to Shanghai A existence remarkable one-way causation existence. HSI has the remarkable one-way causation to Taiwan weighting stock price index. HSI and Shanghai A has the remarkable bidirectional causal relation

Identiferoai:union.ndltd.org:TW/097YUNT5304065
Date January 2009
CreatorsYu-Ying Lin, 林玉縈
ContributorsJien-Wei Yang, 楊踐為
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format54

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