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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Main Author: 許瓊瑛
Other Authors: 邱永和
Format: Others
Language:zh-TW
Published: 1999
Online Access:http://ndltd.ncl.edu.tw/handle/03691494174931576054
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spelling 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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description 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.
author2 邱永和
author_facet 邱永和
許瓊瑛
author 許瓊瑛
spellingShingle 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
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