文章基本信息

标题：The Advancement of Information Technology and Its Effect on Industries
本地全文：下载
作者：Kuo-Hao Lee
期刊名称：Business Management Dynamics
电子版ISSN：2047-7031
出版年度：2020
卷号：9
期号：8
页码：1-6
语种：English
出版社：Society for Business and Management Dynamics
摘要：The objective of this research is to study the causality relationship between the Information Technology industry and the nine other industries. Prior literatures found proof that volatility of stock prices carry information that can be used on the decision of investment; here we apply Granger causality by using of a leveraged bootstrap test developed by Hacker and Hatemi-J (2006) to investigate the behavior of the volatility. The results show that the volatility of Information Technology industry has an effect on the volatility of Industrials and Consumer Discretionary industries. Also, the Information Technology industry market was affected by five out of nine other industries - Materials, Industrials, Consumer Staples, Health Care and Telecommunication Services industrials.