미국, 한국, 홍콩의 대기업과 중견기업의 상호영향력 국제비교에 관한 실증적 연구

• 영문명: An Empirical Study on the International Comparison on the Effects of the Large Business and mid-sized Business Value in the South Korea, United States and Hong Kong
• 발행기관: 한국무역연구원
• 저자명: 임병진(Byung-Jin Yim)
• 간행물 정보: 『무역연구』제10권 제3호, 215~230쪽, 전체 15쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2014.06.30

영문 초록

This study is an empirical study on international comparison of the effects on the Large Business and mid-sized Business Value in the South Korea, United States and Hong Kong. The interdependence of the Large Business and mid-sized Business stock index in the South Korea, United States and Hong Kong was examined for 316 daily data from January 5, 2008 to January 17, 2014. Impulse response function based on VAR model as well as variance decomposition were employed after unit root tests and cointegration test. The finding that many macro time series may contain a unit root has spurred the development of the theory of non-stationary time series analysis. Engle and Granger(1987) pointed out that a linear combination of two or more non-stationary series may be stationary. This research showed following main results. First, from basic statistic analysis, the Large Business and mid-sized Business stock index in the South Korea, United States and Hong Kong has unit roots, Second, there is at least one cointegration between them.

목차

Abstract

Ⅰ. 서론

Ⅱ. 문헌연구

Ⅲ. 연구자료 및 연구모형

Ⅳ. 실증연구 결과분석

Ⅴ. 결론

참고문헌

키워드

Large Business stock index mid-sized Business stock index VAR model variance decomposition cointegration