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Record W2355729818

A Paradox concerning Stock Market and Economic Growth and Positive Analyses

2005· article· en· W2355729818 on OpenAlexaboutno aff
Zhi Wu

Bibliographic record

VenueThe Study of Finance and Economics · 2005
Typearticle
Languageen
FieldEnvironmental Science
TopicEnvironmental and Agricultural Sciences
Canadian institutionsnot available
Fundersnot available
KeywordsStock marketEconomicsChinaStock market bubbleRestricted stockStock (firearms)Financial economicsMonetary economics
DOInot available

Abstract

fetched live from OpenAlex

This paper first analyzes the existence of the abnormal relation between stock market and economic growth with extensive international and internal empirical evidence. Based on the research of Binswenger et .al and by comparative studies in recent years, we find that there has been a negative correlation between stock market and economic growth in America、Japan、Germany、Canada and United Kingdom. Moreover, this abnormal relation is becoming more and more evident and is supported by a lot of evidence in western countries. Then we take a positive analysis on the problem whether there is an abnormal relation between stock market and economic growth in China or not. Our findings show that there is a general and obvious abnormal relation between stock market and economic growth from the first quarter of 2001. Stock market is neither the leading indicator of stateowned economy nor the leading indicator of private economy in China. In summary, we can draw a conclusion that there indeed exists a paradox between stock market and economic growth.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.004
metaresearch head score (Gemma)0.022
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.004
Threshold uncertainty score0.022

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0040.022
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.002
Science and technology studies0.0010.003
Scholarly communication0.0020.006
Open science0.0010.002
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0030.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.014
GPT teacher head0.221
Teacher spread0.207 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations1
Published2005
Admission routes1
Has abstractyes

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