本文选取我国医药行业股票以及相关宏观经济影响指标,在分析其理论机理后对其2009年1月至2015年9月的数据进行实证分析,研究结果表明我国医药行业股票收益水平与宏观经济变量之间存在长期均衡关系,但各个经济变量与其相关性以及影响程度不同。 This paper chooses the stock of pharmaceutical industry in our country and related macroscopical economic influence index, after analyzing its theoretical mechanism, this article carries on the empirical analysis to its data from January 2009 to September 2015. The result shows that the stock returns of the pharmaceutical industry in China and the macroeconomic variables There is a long-term equilibrium relationship between them, but the economic variables are different from each other in their relevance and impact.