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The purpose of this study is to analyze the correlations between the sales of office-related electronic equipment and business cycles from 1999 to 2021 in Taiwan. The data of the sales of office-related electronic equipment are released by the Statistics Office of the Business Cycles Affairs, while the data of Taiwan’s business cycles are obtained from the National Development Council and Taiwan Economic Journal. The results are the following. 1. The sales of printers (including plotters) lag behind the peaks of the business cycles and the stock market, but lead them in reaching the bottoms. The industry can be categorized as a growing one. 2. The sales of both LCD monitors and scanners act as lagging indicators of the peaks and bottoms of the business cycles and stock market, indicating that their sales are deeply affected by economic changes. One can refer to the peaks and bottoms of the economy to judge their future development. 3. The sales of servers, telephones, modems, surveillance cameras, and business machines and parts lead the peaks of the business cycles and stock market. However, they lag behind the economy in reaching the bottoms. This follows that their recession periods are long-lasting. 4. During the peak and bottom periods of the business cycles and the stock market, the sales of printers (including plotters), telephones, and modems have the largest difference percentages, which means the sales of printers (including plotters), telephones, and modems are affected more easily by the economy.
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