The Study on Correlation between Taiwan's Business Cycles and Retail Sales
碩士 === 國立東華大學 === 國際企業學系 === 106 === The purpose of this study is to explore the lead-lag relations of business cycles to the sales of "department stores", "supermarkets", and "Chain Convenience Stores", and "Retailing Warehouses". The data of the four types o...
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ndltd-TW-106NDHU53210162019-05-16T01:07:39Z http://ndltd.ncl.edu.tw/handle/776eh4 The Study on Correlation between Taiwan's Business Cycles and Retail Sales 台灣景氣循環與綜合商品零售業銷售關聯性之探討 SIH-Yu Lin 林思伃 碩士 國立東華大學 國際企業學系 106 The purpose of this study is to explore the lead-lag relations of business cycles to the sales of "department stores", "supermarkets", and "Chain Convenience Stores", and "Retailing Warehouses". The data of the four types of integrated commodity retail sales are obtained from the Census and Statistics Department of the Ministry of Economic Affairs from January 1999 to December 2016. To compare them with Taiwan's business cycles, we apply the Taiwan’s business indicators published by the National Development Council and the highest and lowest points of the stock market index. The results of the research are as follows: First, the stock prices lead retail trades of general merchandise, so the stock prices can be used as a leading indicator of retail sales. Second, the retail sales of the general merchandise leads the economy. Both the revenues and stock prices of department store industry all lag behind the economy, indicating that more people buy high-end products when the economy gets better. Third, the fluctuation of stock prices is greater than that of the revenues. Chao-Shin Chiao 蕭朝興 2018 學位論文 ; thesis 82 zh-TW |
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碩士 === 國立東華大學 === 國際企業學系 === 106 === The purpose of this study is to explore the lead-lag relations of business cycles to the sales of "department stores", "supermarkets", and "Chain Convenience Stores", and "Retailing Warehouses". The data of the four types of integrated commodity retail sales are obtained from the Census and Statistics Department of the Ministry of Economic Affairs from January 1999 to December 2016. To compare them with Taiwan's business cycles, we apply the Taiwan’s business indicators published by the National Development Council and the highest and lowest points of the stock market index. The results of the research are as follows:
First, the stock prices lead retail trades of general merchandise, so the stock prices can be used as a leading indicator of retail sales.
Second, the retail sales of the general merchandise leads the economy. Both the revenues and stock prices of department store industry all lag behind the economy, indicating that more people buy high-end products when the economy gets better.
Third, the fluctuation of stock prices is greater than that of the revenues.
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author2 |
Chao-Shin Chiao |
author_facet |
Chao-Shin Chiao SIH-Yu Lin 林思伃 |
author |
SIH-Yu Lin 林思伃 |
spellingShingle |
SIH-Yu Lin 林思伃 The Study on Correlation between Taiwan's Business Cycles and Retail Sales |
author_sort |
SIH-Yu Lin |
title |
The Study on Correlation between Taiwan's Business Cycles and Retail Sales |
title_short |
The Study on Correlation between Taiwan's Business Cycles and Retail Sales |
title_full |
The Study on Correlation between Taiwan's Business Cycles and Retail Sales |
title_fullStr |
The Study on Correlation between Taiwan's Business Cycles and Retail Sales |
title_full_unstemmed |
The Study on Correlation between Taiwan's Business Cycles and Retail Sales |
title_sort |
study on correlation between taiwan's business cycles and retail sales |
publishDate |
2018 |
url |
http://ndltd.ncl.edu.tw/handle/776eh4 |
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