文章基本信息

标题：The relationships between stock market capitalization rate and interest rate: Evidence from Jordan
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作者：Khrawish, Husni Ali ; Siam, Walid Zakaria ; Jaradat, Mohammad 等
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：2010
卷号：41
期号：7
页码：60-66
出版社：Food Distribution Research Society
摘要：The paper examines the effect of interest rates on the stock market capitalization rate in Amman Stock Exchange (ASE) over the period of (1999-2008). It is used the OLS regression method, multiple linear regression model and simple regression model. The time series analysis revealed that there are significant and positive relationship between government Prevailing interest rate (R) and stock market capitalization rate (S). The study shows that Government development stock rate (D) exerts negative influence on stock market capitalization rate (S), also it finds a significant and negative relationship between government Prevailing interest rate (R) and Government development stock rate (D). Finally, this study suggested the importance of government intervention to encourage investment in ASE by reducing rate of personal taxation thus, granting incentive for creation of wealth, control interest rate so as to aid the growth of the stock market and improving the regulatory environment and decreasing red tape.
关键词：Stock market capitalization rate;prevailing interest rate;government development stock rate