The Study on Co-movement between Chinese Stock Market and Real Estate Industry Plate
The real estate industry plays the important role in the development of Chinese economy. In the meantime, the situation of Chinese stock market represents the state of Chinese economy. Thus, it is important to study the co-movement between Chinese stock market and real estate industry. Based on daily data span from January 2003 to January 2009, this paper uses unit-root test, co-integration test and Granger-causality test to analyze the co-movement between China stock market and real estate industry plate. The result shows that Chinese stock market brings alone the development of real estate industry plate.
co-movement chinese stock market real estate industry plate
Wenrong Pan
College of Finance and Statistics Jiangxi University of Finance and Economics Nanchang, China
国际会议
成都
英文
645-647
2010-07-09（万方平台首次上网日期，不代表论文的发表时间）