On the Accuracy of Government Economic Indicators

DOI

10.2991/aebmr.k.200306.042How to use a DOI?

Keywords

Taiwan Weighted Index (TAIEX), correlation coefficient, simultaneous index, the leading index

Abstract

Can economic indicators announced by government units give an accurate report? In this study, the monthly data on the Taiwan Weighted Index (TAIEX) from 1999 to 2018 and various economic indicators issued by government units were used as the case data, hoping to explore whether the economic indicators were related to the Taiwan Weighted Index. It was found that the coincident index and the leading index do not have the characteristics of simultaneity and leading values. Thus, using these indices to determine the trend of the weighted share price index is unreliable.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Chung-Lien Pan
AU  - Zi-Zhen Chen
AU  - Yu-Chun Pan
PY  - 2020
DA  - 2020/03/11
TI  - On the Accuracy of Government Economic Indicators
BT  - Proceedings of the 5th International Conference on Financial Innovation and Economic Development (ICFIED 2020)
PB  - Atlantis Press
SP  - 241
EP  - 245
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200306.042
DO  - 10.2991/aebmr.k.200306.042
ID  - Pan2020
ER  -