匯率與資本移動間共整合關係之研究-台灣實證分析
碩士 === 東吳大學 === 經濟學系 === 87 === Abstract The main reason for economic crisis in 1997 is that When East Asia co-untries attract in-and-out foreign capital to domestic financial market, they only want to intermation-alize quickly, and don’t build any defensive me-thods for these free capita...
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ndltd-TW-087SCU003890092016-02-01T04:13:04Z http://ndltd.ncl.edu.tw/handle/03691494174931576054 匯率與資本移動間共整合關係之研究-台灣實證分析 許瓊瑛 碩士 東吳大學 經濟學系 87 Abstract The main reason for economic crisis in 1997 is that When East Asia co-untries attract in-and-out foreign capital to domestic financial market, they only want to intermation-alize quickly, and don’t build any defensive me-thods for these free capital. In this paper I use Johansen cointegration to test if exchange rate and capital exit long-run equilibrium relation, and use error-correction model to discuss short-run dynamic adiust processes of these var-iables. There are two points for my empirical results. First, there are three co-intgrated rela-tionships in these five variables. When relative price level de-creases, relative manufac-ture index, income account and capital account in-crease, the NT dollars will revalue. Sec-ond, the long-run relationships of these five variables are contributed by manufacture of traded goods, income account and capital account. 邱永和 1999 學位論文 ; thesis 68 zh-TW |
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碩士 === 東吳大學 === 經濟學系 === 87 === Abstract
The main reason for economic crisis in 1997 is that When East Asia co-untries attract in-and-out foreign capital to domestic financial market, they only want to intermation-alize quickly, and don’t build any defensive me-thods for these free capital. In this paper I use Johansen cointegration to test if exchange rate and capital exit long-run equilibrium relation, and use error-correction model to discuss short-run dynamic adiust processes of these var-iables.
There are two points for my empirical results. First, there are three co-intgrated rela-tionships in these five variables. When relative price level de-creases, relative manufac-ture index, income account and capital account in-crease, the NT dollars will revalue. Sec-ond, the long-run relationships of these five variables are contributed by manufacture of traded goods, income account and capital account.
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邱永和 |
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邱永和 許瓊瑛 |
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許瓊瑛 |
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許瓊瑛 匯率與資本移動間共整合關係之研究-台灣實證分析 |
author_sort |
許瓊瑛 |
title |
匯率與資本移動間共整合關係之研究-台灣實證分析 |
title_short |
匯率與資本移動間共整合關係之研究-台灣實證分析 |
title_full |
匯率與資本移動間共整合關係之研究-台灣實證分析 |
title_fullStr |
匯率與資本移動間共整合關係之研究-台灣實證分析 |
title_full_unstemmed |
匯率與資本移動間共整合關係之研究-台灣實證分析 |
title_sort |
匯率與資本移動間共整合關係之研究-台灣實證分析 |
publishDate |
1999 |
url |
http://ndltd.ncl.edu.tw/handle/03691494174931576054 |
work_keys_str_mv |
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