%0 Journal Article
%T An Empirical Research on Industry Effects and Style Effects in Chinese Stock Markets<br>沪深股票市场行业效应与投资风格效应的实证研究
%A XIONG Sheng-jun
%A YANG Chao-jun
%A <br>熊胜君
%A 杨朝军
%J 系统工程理论与实践
%D 2006
%I 
%X Based on standard classification of industries in china,growth and market value of stock,the stocks in Chinese stock markets are divided into 22 industries and 8 styles.With monthly return data from January 1991 to December 2003,the paper utilize restricted regression model to make an empirical research on industry and style effects.The results show that Chinese stock markets has obviously distinct industry and style effects,and industry effects are more significant than market value style effects,and market value style effects are more significant than growth style effects.
%K industry effects
%K style effects
%K restricted regression model<br>行业效应
%K 投资风格效应
%K 约束回归
%U http://www.alljournals.cn/get_abstract_url.aspx?pcid=01BA20E8BA813E1908F3698710BBFEFEE816345F465FEBA5&cid=962324E222C1AC1D&jid=1D057D9E7CAD6BEE9FA97306E08E48D3&aid=A7B759B00A96DEE9&yid=37904DC365DD7266&vid=96C778EE049EE47D&iid=E158A972A605785F&sid=1AE5323881A5ECDC&eid=2A3781E88AB1776F&journal_id=1000-6788&journal_name=系统工程理论与实践&referenced_num=0&reference_num=14