Title : ( The effects of business cycle indicators on stock market indices of food industry in Iran )
Authors: Hosein Mohammadi , Leili Abolhassani , Naser Shahnoushi froshani , farshad shabanian ,
Full TextAbstract
This paper investigates the effects of the business cycle indicators on stock market indices of food industry companies in Iran stock market. Using dynamic panel and Panel VAR methods for seasonal data of 2001-2015, the results show that the effect of GDP and agricultural value-added as indicators of business cycle on stock market indices of sales volume, price index, net profit and stock return are positive. The results of panel VAR models also show that the shocks entered by GDP and agricultural value ?added have a different effect on stock market indices of sales volume, price index, net profit and ?stock return. Due to the positive effects of the business cycles indicators on the stock market indices of food industry companies, it is recommended that policy-makers consider strategies to increase GDP and agriculture value-added.
Keywords
, Business cycles, Stock market, Food industries, Sales volume, Price index, Net profit, Stock return.
@inproceedings{paperid:1074963,
author = {Mohammadi, Hosein and Abolhassani, Leili and Shahnoushi Froshani, Naser and Shabanian, Farshad},
title = {The effects of business cycle indicators on stock market indices of food industry in Iran},
booktitle = {30th International Conference of Agricultural Economics},
year = {2018},
location = {Vancouver},
keywords = {Business cycles; Stock market; Food industries; Sales volume; Price index; Net profit; Stock return.},
}
%0 Conference Proceedings
%T The effects of business cycle indicators on stock market indices of food industry in Iran
%A Mohammadi, Hosein
%A Abolhassani, Leili
%A Shahnoushi Froshani, Naser
%A Shabanian, Farshad
%J 30th International Conference of Agricultural Economics
%D 2018
