4Engle E.F.and Granger C.W.J.Cointegration and Error Correction: Representation,Estimation and Testing[J].Econometrica,Vol 55,1987(2).
5Johansen S.and Juselius K.Maximum Likelihood Estimation and Inference on cointegration with Applications to the Demand for money[J].oxford Bulletin of Economics and Statistics.Vol.52,1990(2).
6Johansen S.Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Modeis[J].Ecomometrica.Vol.59,1991(5).
7Fama E F. Stock returns, expected returns, and real activity[J]. Journal of Finance, 1990, 45(04) : 1089 -1108.
8Cheung Yin-Wong, Ng Lilian K. International evidence on stock market and aggregate economic activity [ J ]. Journal of Em- pirical Finance, 1998, 5:196-281.
9Barro R J. The stock market and investment[J]. Review of Financial Studies, 1990, 3(02) : 115 - 131.
10Schwert G W. Stock returns and real activity: A century of evidence[J]. Journal of Finance, 1990, 45(04) : 1237 - 1257.