Research on the Quantitative Causal Transmission of Stock Price Fluctuations of Listed Companies in the Rare Earth Industry Chain

Table 8

Various causal relationships in each link of the industrial chain account for the dominant proportion.

Industrial chain links	Positive causal	Negative causal	Unclear causal
Upstream	0.928571	0.071429	0
Midstream	0.963203	0.006494	0.030303
Downstream	0.947368	0.029239	0.023392
Whole	0.939605	0.034843	0.025552