Title :
Notice of Retraction
The study on the transmission mechanism of finance and related industries in China
Author :
Qin Zheng ; Han Linlin
Author_Institution :
Manage. Scinece Inf. Manage. & Eng. Inst., Shanghai Univ. of Finance & Econ., Shanghai, 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.
The finance industry is inflicted heavy losses under the financial crisis in 2008. The economic environment declines for the depression of finance. Undoubtedly, the finance industry has taken an important role in national economy. This paper identifies the related industries of finance in applying I-O analysis, and makes a research on transmission mechanism among finance and its related industries by VAR models and Impulse response functions. The transmission mechanism shows that the development of real estate activities, hotel & restaurants and land transport can drive the growth of finance industry. The growth of finance may improve the development of real estate activities and wholesale & retail trade.
Keywords :
economics; finance; China; I-O coefficients; VAR models; economic environment; finance industry; financial crisis; impulse response functions; national economy; transmission mechanism; Eigenvalues and eigenfunctions; Electricity; Finance; Industries; I–O coefficients; VAR; finance industry; impulse response function; transmission mechanism;
Conference_Titel :
Advanced Management Science (ICAMS), 2010 IEEE International Conference on
Conference_Location :
Chengdu
Print_ISBN :
978-1-4244-6931-4
DOI :
10.1109/ICAMS.2010.5552961