本研究旨在利用多元迴歸模型來探討近年來發生的重大事件對台灣電子類股價指數的影響，研究期間涵蓋2012年1月至2017年2月，資料型態為月資料。本文採用之重大事件包含2015中國股災，2016台灣總統大選和2016美國總統大選。本研究之應變數為台灣電子類股價指數，除了將上述三個重大事件視為虛擬變數之外，同時考慮總體經濟變數的影響，其中包含：貨幣供給量變化、匯率、美國納斯達克綜合指數、消費者物價指數與電子產業之出口增長率。
實證結果顯示消費者物價指數和匯率對電子類股價指數沒有顯著影響。而電子產業之出口增長率、貨幣供應量變化和美國納斯達克綜合指數對電子類股價指數皆造成顯著正向影響。就重大事件而言，2015中國股災對台灣電子類股價指數造成顯著負面影響，2016台灣總統大選對電子類股價指有些微的正向影響，而2016美國總統大選則是對台灣電子類股價指數沒有顯著影響。

The main purpose of this study is to examine the impacts of the major events that have taken place in recent years on the electronic stock index of Taiwan. The major events include the China stock market crash in 2015, the 2016 Taiwan presidential election and the U.S. presidential election in 2016. Multiple regression models were used to conduct the empirical research on the electronic stock index during the period from January 2012 to February 2017.
The dependent variable is the electronic stock index of Taiwan. The major events including the China stock market crash in 2015, the 2016 Taiwan presidential election, and the U.S. presidential election in 2016 are set as dummy variables. The macroeconomic variables include money supply, exchange rate, NASDAQ Composite Index, the consumer price index, and the export growth rate of the electronics industry.
According to the empirical analysis, it was determined that the consumer price index and exchange rate did not have significant effects on the electronic stock index of Taiwan during the study period. However, the export growth rate of the electronics industry, money supply, and NASDAQ Composite Index had significantly positive effects on the electronic stock index over the same period. In the case of the major events, the U.S. presidential election in 2016 did not have significant effects on the electronic stock index of Taiwan. The 2016 Taiwan presidential election only had a slight impact on the electronic stock index. The China stock market crash in 2015 had significantly negative effects on the electronic stock index.

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