Purpose of Study:
- To determine, if there exist a statistical relationship between the performance of the JSE index and economic growth (GDP) – Jamaica.
- To determine the the direction of the relationship – test to see if movements in the JSE cause GDP to change or the opposite.
Data sources for study:
- The researcher utilized quarterly time series data ranging from 1998 to 2010 (52 data points)
- Data was retrieved from the Bank of Jamaica website (JSE index, and the gross domestic product GDP)