Empirical Analysis of Linkage Effects between Stock Market, Real Estate Market and Bulk Commodity Market in China
The Chinese Government has continuously introduced different real estate policies in 2010, which caused the real estate market fluctuation, while the domestic inflationary pressure is becoming heavier and heavier. Many scholars believe that the real estate market, stock market and commodity markets are closely linked, but different people have different viewpoints. In this paper, by cointegration analysis method, on the basis of the Chinese monthly index datas from 2005 to 2010, we analyzed real estate market, stock market and bulk commodity market and obtained some conclusions. They are as follows:the Chinese real estate market and the stock market was interactive, promoting each other in the long run, bulk commodity market and stock market showed longterm stable positive correlation, but bulk commodity market and real estate market are negatively correlated.
real estate market stock market bulk commodity market cninlcgration analysis
Lu Xiao Yong Jin Yan Qing
School of Software Nanchang university Nanchangjiangxi Province,China School of Science Nanchang university Nanchangjiangxi Province, China
国际会议
太原
英文
426-429
2011-02-26（万方平台首次上网日期，不代表论文的发表时间）