碩士 / 國立東華大學 / 企業管理學系 / 107 / This study applied the business indicators released by National Development Council and the “salaries in the transportation industry” data released by Directorate-General of Budget, Accounting, and Statistics of Executive Yuan to explore the lead-lag relations of the salaries in the transportation industry relative to Taiwan’s business cycles and stock market indices. Based on a dataset spanning 300 months from Jan 1993 to Dec 2017, this study analyzed the leading/lagging status of the salary in each sector of the transportation industry relative to business cycles, the impact of business cycles, and the leading and lagging orders. The findings were summarized as follows. First,the average lead-lag indicator of the salary in the railway/mass rapid transit sector was leading the baseline value no matter during the peak or trough of a business cycle, indicating the salary in railway/mass rapid transit sector was less susceptible to business cycles and could serve as a leading indicator of the business condition and the stock market index. Second, among the six sectors of the transportation industry, the average salary differences ranged between 1.75% and 7.59% during peak periods and between 3.05% and 6.09% during trough periods, suggesting that the salaries in the six sectors of the transportation industry were relatively stable no matter during the peak or trough of a business cycle.
| Identifer | oai:union.ndltd.org:TW/107NDHU5121021 |
| Date | January 2019 |
| Creators | Shih-Yuan Lee, 李詩媛 |
| Contributors | Hsiang-Hsuan Chih, 池祥萱 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 78 |
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