What drives regional differences in the stock market wealth effect in China?

Wenfeng Wu; Oliver Meng Rui; Chongfeng Wu

doi:10.1080/13504851.2011.617679

What drives regional differences in the stock market wealth effect in China?

Wenfeng Wu (First Author), Oliver Meng Rui (Participant Author), Chongfeng Wu (Participant Author)

Finance

Research output: Contribution to journal › Journal

Abstract

This article investigates the determinants of stock market wealth effect across regions. Using panel data from China, we find that the stock market wealth effect is more prevalent in regions with more stockholders, regions in which households have higher levels of stock ownership and regions in which households have lower incomes.

Original language	English
Pages (from-to)	1157-1160
Journal	Applied Economics Letters
Volume	19
Issue number	12
DOIs	https://doi.org/10.1080/13504851.2011.617679
Publication status	Published - 2012

Keywords

China
consumption
regional differences
stock market wealth effect

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ABDC-B
Scopus
SSCI

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10.1080/13504851.2011.617679Licence: CC BY-NC-ND

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Cite this

@article{b18ebb4737a84610bd5e3737f05507fb,

title = "What drives regional differences in the stock market wealth effect in China?",

abstract = "This article investigates the determinants of stock market wealth effect across regions. Using panel data from China, we find that the stock market wealth effect is more prevalent in regions with more stockholders, regions in which households have higher levels of stock ownership and regions in which households have lower incomes.",

keywords = "China, consumption, regional differences, stock market wealth effect, China, consumption, regional differences, stock market wealth effect",

author = "Wenfeng Wu and Rui, {Oliver Meng} and Chongfeng Wu",

year = "2012",

doi = "10.1080/13504851.2011.617679",

language = "English",

volume = "19",

pages = "1157--1160",

journal = "Applied Economics Letters",

issn = "1350-4851",