摘要
从航运企业市场价值与航运业市场环境关系的理论视角分析航运个股股价波动与波罗的海干散货运价指数(BDI)的关系,建立VAR模型和VEC模型,并对中国远洋H股股价进行方差分解,深入探讨其与BDI的关系,得出BDI对中国远洋H股股价波动有很强的引导作用。
The relationship between BDI and shipping companies＇ share price is focused on from the theoretical perspective of the interactions among shipping companies＇ market value and the shipping industry. Then VAR and VEC modals are built for deeper analysis, along with the variance decomposition of COSCO＇ s share price of H. It is concluded that BDI leads a strong role to the fluctuation of COSCO＇ s share price of H.
出处
《重庆交通大学学报（社会科学版）》
2012年第2期51-54,共4页
Journal of Chongqing Jiaotong University:Social Sciences Edition
基金
国家社会科学基金项目"FFA在中国相关航线上的市场效率研究"(编号:09BJY074)成果
