DocumentCode
1846594
Title
Notice of Retraction
Dynamic relationship between oil price and China stock market
Author
Chunhong Li ; Zhongying Qi ; Tan Li ; Tang Jie ; Xiaona Wang
Author_Institution
Sch. of Manage., Harbin Inst. of Technol., Harbin, China
Volume
2
fYear
2011
fDate
13-15 May 2011
Firstpage
78
Lastpage
81
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 paper takes the data from 1996:1 to 2009:12 as the research sample to deeply investigate the linkages between the oil price and China stock market. Empirical results show that there exists long term cointegration between oil price and China stock market. In the meanwhile, with economic situation changing and time passing, the correlation between oil price and China stock market changes at different periods. The impact of oil price on China stock market mainly concentrates in short-term. According to the oil price fluctuations, policy makers and financial investors can avoid the financial risks in China stock market which are caused by the fluctuations of oil price by adjusting portfolios timely.
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 paper takes the data from 1996:1 to 2009:12 as the research sample to deeply investigate the linkages between the oil price and China stock market. Empirical results show that there exists long term cointegration between oil price and China stock market. In the meanwhile, with economic situation changing and time passing, the correlation between oil price and China stock market changes at different periods. The impact of oil price on China stock market mainly concentrates in short-term. According to the oil price fluctuations, policy makers and financial investors can avoid the financial risks in China stock market which are caused by the fluctuations of oil price by adjusting portfolios timely.
Keywords
pricing; stock markets; China stock market; economic situation; financial investor; financial risk; oil price fluctuation; portfolio adjustment; Correlation; Electric shock; Fluctuations; Indexes; Inspection; Stock markets; China stock indices; Dynamic relationship; Oil Price; Sector Effects Oil price; Stock Price;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location
Guangzhou
Print_ISBN
978-1-61284-108-3
Type
conf
DOI
10.1109/ICBMEI.2011.5917847
Filename
5917847
Link To Document