ArticleEntropy (Basel, Switzerland)2018
Cross-Sectoral Information Transfer in the Chinese Stock Market around Its Crash in 2015.
Article in Entropy (Basel, Switzerland), 2018. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 3 papers.
What it found
Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.
The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
The trial behind it
Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.
Who cites it
3 citing papers in PubMed.
- Dynamic Analyses of Contagion Risk and Module Evolution on the SSE A-Shares Market Based on Minimum Information Entropy.Entropy (Basel, Switzerland) · 2021Article
- Evolving time-varying market efficiency of energy stock market.Environmental science and pollution research international · 2020Article
- The Threshold Effect of Leveraged Trading on the Stock Price Crash Risk: Evidence from China.Entropy (Basel, Switzerland) · 2020Article
Corrections and comments
PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.
Authors and funding
2 authors.
Funding
Abstract
This paper applies effective transfer entropy to research the information transfer in the Chinese stock market around its crash in 2015. According to the market states, the entire period is divided into four sub-phases: the tranquil, bull, crash, and post-crash periods. Kernel density estimation is used to calculate the effective transfer entropy. Then, the information transfer network is constructed. Nodes' centralities and the directed maximum spanning trees of the networks are analyzed. The results show that, in the tranquil period, the information transfer is weak in the market. In the bull period, the strength and scope of the information transfer increases. The utility sector outputs a great deal of information and is the hub node for the information flow. In the crash period, the information transfer grows further. The market efficiency in this period is worse than that in the other three sub-periods. The information technology sector is the biggest information source, while the consumer staples sector receives the most information. The interactions of the sectors become more direct. In the post-crash period, information transfer declines but is still stronger than the tranquil time. The financial sector receives the largest amount of information and is the pivot node.
Indexed as
Identifiers
What OpenQuestion holds
Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.