Title :
Notice of Retraction
Stock market and economic growth: The empirical study of China
Author_Institution :
Sch. of Manage., Henan Univ. of Technol., Zhengzhou, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
This paper investigates the long-term relationship between stock market development and economic development in China. Although there were evidences that they are interacting, some argued stock market development spurred the economy growth and some didn´t find this link. In this paper, a cointegration and causal test are used to study relationship on them in China. The data set are divided into three subsections. We find that stock market development did not caused economic growth. This reason might be that the market institution is not mature.
Keywords :
stock markets; economic development; economy growth; stock market development; Computer science education; Economics; Educational technology; Error correction; Finance; Instruments; Resource management; Stock markets; Testing; Vehicles; Cointegration; Economic growth; Granger causality test; Stock market development;
Conference_Titel :
Education Technology and Computer (ICETC), 2010 2nd International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4244-6367-1
DOI :
10.1109/ICETC.2010.5529558
