Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)

Analysis of the Relationship between Financial Technology Attention and Capital Market Performance Based on VAR Model

Authors
Jingchen Wang1, Jian Ma1, *, Zixuan Shuai1
1School of Economics and Management, North China University of Technology, Beijing, China
*Corresponding author. Email: ijanma2021@163.com
Corresponding Author
Jian Ma
Available Online 28 September 2023.
DOI
10.2991/978-94-6463-260-6_64How to use a DOI?
Keywords
closing price; index; impulse response; content provider; VAR model
ABSTRACT

Based on the VAR model, we use the daily data of Fintech Baidu Index and Fintech (code: 399699) industry sector closing price between January 2019 and June 2023 to dynamically identify.[1] The empirical analysis results show that the closing price of Fintech sector is the Glenmorangie distillery reason related to Baidu index attention, but the Glenmorangie distillery reason related to Baidu index attention is not the closing price of Fintech sector, In the long term, the closing price of the fintech sector will affect the volatility of the relevant Baidu index's attention, but the attention of the fintech Baidu index will not affect the fluctuation of the sector's closing price.[2] Meanwhile, from the pulse response graph, it can be seen that the Baidu index's attention fluctuated relatively steadily in the 10th stage, approaching 0. Based on the above research conclusions, this article will propose corresponding policy recommendations.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
28 September 2023
ISBN
10.2991/978-94-6463-260-6_64
ISSN
2352-5428
DOI
10.2991/978-94-6463-260-6_64How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Jingchen Wang
AU  - Jian Ma
AU  - Zixuan Shuai
PY  - 2023
DA  - 2023/09/28
TI  - Analysis of the Relationship between Financial Technology Attention and Capital Market Performance Based on VAR Model
BT  - Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)
PB  - Atlantis Press
SP  - 515
EP  - 522
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-260-6_64
DO  - 10.2991/978-94-6463-260-6_64
ID  - Wang2023
ER  -