Empirical Analysis of the "China-US factor" in Stock Market Linkages

被引：0
|
作者：
Qian, Huai [1 ]
Yang, Bingkun [1 ]
Huang, Weihua [2 ,3 ]
机构：
[1] Zhejiang Univ Finance & Econ, China Acad Financial Res, Hangzhou, Peoples R China
[2] Zhejiang Univ Finance & Econ, Sch Business Adm, Hangzhou, Peoples R China
[3] Zhejiang Univ Finance & Econ, Sch Business Adm, 18 Xueyuan St,Xiasha Higher Educ Zone, Hangzhou 310018, Zhejiang, Peoples R China
来源：
EMERGING MARKETS FINANCE AND TRADE | 2024年 / 60卷 / 06期
关键词：
Stock market; volatility index; comovement; nonlinear Granger causality; F30; G15; F44; GRANGER CAUSALITY;
D O I：
10.1080/1540496X.2023.2273514
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article studies the economic impact of China and the U.S. from 2011 to 2023 through stock market linkages. A bivariate VAR model is used for nonlinear Granger causality analysis. The results show that the U.S. economy's dominance remains unshaken, impacting the world economy. Despite China's progress and significant role in the global economy, it cannot yet impact the U.S. economy. Understanding this is crucial for global economic patterns, the political state, and enriching global economic stability and development.
引用
收藏
页码：1118 / 1129
页数：12
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