| Summary: | 碩士 === 長榮大學 === 高階管理碩士在職專班(EMBA) === 102 === PMI is one of the Macroeconomics monitoring indicator system internationally. It has an important role for monitoring and forecasting national economic activity. The Institute for Supply Management (ISM) has released PMI since 1931, and the United Kingdom, Japan, Singapore and other 40 countries have gradually released PMI, then China PMI was began publishing in 2005. Taiwan is an island country relies on trade, with trade liberalization, many trade and economic business activities increasingly dependent on China. Therefore the study can infer by purchasing managers index between the Cross-Strait to judgments the influence between China and Taiwan stock market relevance.
This study uses secondary qualitative analysis and documentary analysis, and further to take the data of PMI and monthly average closing price from January 2010 / January to December 2013 / December between the Cross-Strait as the main information. The data were analyzed by a variety of statistical methods, such as regression analysis, Pearson correlation analysis and matrix analysis etc. The conclusions of this study are：
The hypothesis that the China PMI has significant effect on the Taiwan PMI is supported; the hypothesis that the China PMI has significant effect on the China stock market is supported; the hypothesis that the China PMI has significant effect on the Taiwan stock market is supported; the hypothesis that the Taiwan PMI has significant effect on the Taiwan stock market is supported; the hypothesis that the China stock market has significant effect on the Taiwan stock market is supported.
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