摘要
探讨了我国股市"规模效应"的存在与否及其原因.通过回顾文献,概括了国际学术界对于成熟股票市场"规模效应"的证明和各种解释.综述国内学者不同时期、不同样本所做的实证研究,得出结论,中国股票市场也存在"规模效应".针对我国股票市场的特殊背景,本文对我国股票市场"规模效应"的成因进行了探讨.
'Size effect'is widely observed and verified in the western nation's mature stock markets. This essay mainly focuses on whether the 'size effect' also exists in China's stock market and if so, what's its reason. This essay surveys the main international academic researches in this field, examines various explanations in different period, and finally comes to the conclusion that size effect does exist in China's market. Then, giving China's special reality, this paper analyzes the size effect's source.
出处
《华东交通大学学报》
2004年第6期67-70,74,共5页
Journal of East China Jiaotong University
