A Study on Effect the Financial Crisis Has on Taiwan’s Consumption Expenses, Stock Price Index, Imports, and Exports

• Main Authors: Hong-JenYen, 顏宏任
• Other Authors: Hsin-Hong Kang
• Format: Others
• Language: en_US
• Published: 2013
• Online Access: http://ndltd.ncl.edu.tw/handle/47034692695554782173

碩士 === 國立成功大學 === 國際企業研究所碩博士班 === 101 === Financial crisis occurred in 2008 impacted Taiwan's economy. It frustrated confidence in the consumption and people became being conservative on the consumption; in the stock market, the stock prices plunged in 2008; the Taiwan stock price index dropped below 4000 point; trading has constituted a majority part of Taiwan GDP where international trade and foreign exchange reserves indeed has been positioned significantly in Taiwan economy. This Study aimed to discuss all changes made on these macroeconomic in Taiwan and in which means our government is able to improve it with changes made on these data? In the thesis herein, Taiwan’s growth rate of consumption expenses, stock price, import and export were served as the dependent variables and among of which, important independent variables were identified; then, the financial crisis occurred in 2008 was served as the boundary to verify. Indicated from the empirical test, consumption and interest rate and national income has positive connection; the stock price index and economic leading indicators, price-earnings ratio, price-books ratio has positive relevancy; they have negative relevancy with the yield rate; import and national income and consumer price index are in positive relevancy and negative relevancy with NT Dollar exchange rate (NTD/USD); export has positive relevancy with NT Dollar exchange rate, foreign income and economic leading indicators, where only consumption and stock price index are influenced by financial crisis significantly (negative effect).