A Study on the Relationship among Resident Saving, Economic Growth, Monetary Policy and Stock Trading Volume in China
Authors
Yunlong Shao, Chenglei Dai, Chongchong Lin, Jing Zhu, Wenhao Kang, Pan Sun
Corresponding Author
Yunlong Shao
Available Online July 2013.
- DOI
- 10.2991/icssr-13.2013.168How to use a DOI?
- Keywords
- Resident Savings; Economic Growth; Stock Trading Volume; Monetary Policy; Vector Auto-Regression (VAR)
- Abstract
The development of the stock market has close ties to the country’s economy, the savings and the monetary policy, the relationships among four of them are still attracting a lot of researchers’ attention. We use the Vector Auto Regressive approach to made empirical analysis on those. We have found that there exists a long-term equilibrium relationship among them. Stock trading volume growth of 41% is depending on resident savings, economic growth and monetary policy, but the development of the stock market itself to turnover rates remain at around 59%.
- Copyright
- © 2013, 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 - Yunlong Shao AU - Chenglei Dai AU - Chongchong Lin AU - Jing Zhu AU - Wenhao Kang AU - Pan Sun PY - 2013/07 DA - 2013/07 TI - A Study on the Relationship among Resident Saving, Economic Growth, Monetary Policy and Stock Trading Volume in China BT - Proceedings of the 2nd International Conference on Science and Social Research (ICSSR 2013) PB - Atlantis Press SP - 723 EP - 726 SN - 1951-6851 UR - https://doi.org/10.2991/icssr-13.2013.168 DO - 10.2991/icssr-13.2013.168 ID - Shao2013/07 ER -