Study on the Correlation Between Oil Prices and Stock Prices of LED, and the Automotive Industry

ASIA unversity > 管理學院 > 財務金融學系 > 博碩士論文 > Item 310904400/107647

jsp.display-item.identifier=請使用永久網址來引用或連結此文件: http://asiair.asia.edu.tw/ir/handle/310904400/107647

题名:	Study on the Correlation Between Oil Prices and Stock Prices of LED, and the Automotive Industry
作者:	Hsieh, Tsung-Yu
贡献者:	財務金融學系碩士在職專班
关键词:	Oil prices;light emitting diodes (LED);stock prices of the auto industry;Vector Autoregression (VAR) model
日期:	2017
上传时间:	2017-09-15 02:44:16 (UTC+0)
出版者:	亞洲大學
摘要:	Since both oil prices and stock prices of light emitting diodes (LEDs), solar power, and the auto industry are volatile and interconnected, this study adopted the Vector Autoregression (VAR) model, Granger causality test, impulse-response analysis, and a variance decomposition to examine the relationships of the three variables. A total of 150 samples, from 2001 to 2016, were analyzed, and the empirical results indicated: (1) There was, indeed, a correlation among oil prices and stock prices of the LEDs, as well as the auto industry. (2) There was one-way causality between oil prices and stock prices of the auto industry; meanwhile, one-way causality was also observed between oil prices and stock prices of the LED industry. (3) Oil prices had an insignificant impact on the LED industry, while having a quite significant effect on the auto industry.
显示于类别:	[財務金融學系] 博碩士論文

文件中的档案:

档案	描述	大小	格式	浏览次数
index.html		0Kb	HTML	227	检视/开启

检视Licence

在ASIAIR中所有的数据项都受到原著作权保护.