Econometric Analysis of Interactions of Chinese Stock Market with Asian and Developed Global Markets

Abstract

This thesis is focused on econometric analysis of interactions of Chinese stock market with Asian and developed global markets during 2003-2015 years. For the purpose of this thesis, there are utilized daily closing prices of stock indexes of Shang Hai, Shen Zhen, Hong Kong, Singapore, Japanese, European and U.S. stock markets. The methods used in this thesis are correlation analysis, cointegration analysis, VAR model, Granger causality testing and variance decomposition.

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Subject(s)

China, correlation analysis, cointegration analysis, Granger causality, stock market, variance decomposition, VAR model

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