An Empirical Analysis of the Relationship Between China's Economic Growth and the Stock Market
- 10.2991/icoeme-18.2018.44How to use a DOI?
- economic growth; stock market; relationship; GDP
This article mainly uses econometric methods such as cointegration tests, variance decomposition to make an empirical study the relationship on the growth of GDP and the stock market. The results show that there is a long-term equilibrium relationship between the growth of GDP and the stock market after the seasonally adjusted, and there is a Granger causality between GDP and the stock market turnover. The change of GDP will cause the change of the turnover of the stock market; the variance from GDP is greater than the stock market turnover. The GDP growth has a guiding role in the development and promotion of the stock futures market.
- © 2018, 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/).
Cite this article
TY - CONF AU - Zhou Mingwei AU - Shang Yingchao PY - 2018/11 DA - 2018/11 TI - An Empirical Analysis of the Relationship Between China's Economic Growth and the Stock Market BT - Proceedings of the 2018 International Conference on Economy, Management and Entrepreneurship (ICOEME 2018) PB - Atlantis Press SN - 2352-5428 UR - https://doi.org/10.2991/icoeme-18.2018.44 DO - 10.2991/icoeme-18.2018.44 ID - Mingwei2018/11 ER -