西安石油大学学报(社会科学版)
西安石油大學學報(社會科學版)
서안석유대학학보(사회과학판)
JOURNAL OF XI'AN SHIYOU UNIVERSITY(SOCIAL SCIENCES)
2012年
5期
34-40
,共7页
福建省%金融发展%经济增长%协整检验
福建省%金融髮展%經濟增長%協整檢驗
복건성%금융발전%경제증장%협정검험
Fujian Province%financial development%economic growth%cointegration test
运用单位根检验、协整检验和Granger因果关系检验,对福建省金融发展与经济增长关系进行实证分析。研究表明,福建省经济增长与金融发展之间存在长期均衡关系;金融相关度与经济增长之间互为因果关系;由于证券市场不完善、实际利率水平较低,福建省证券市场发展程度与经济增长无因果关系;金融自由化对促进经济增长作用甚微。为此,提出加大金融创新力度、完善金融服务体系、提高金融市场开放水平等政策建议。
運用單位根檢驗、協整檢驗和Granger因果關繫檢驗,對福建省金融髮展與經濟增長關繫進行實證分析。研究錶明,福建省經濟增長與金融髮展之間存在長期均衡關繫;金融相關度與經濟增長之間互為因果關繫;由于證券市場不完善、實際利率水平較低,福建省證券市場髮展程度與經濟增長無因果關繫;金融自由化對促進經濟增長作用甚微。為此,提齣加大金融創新力度、完善金融服務體繫、提高金融市場開放水平等政策建議。
운용단위근검험、협정검험화Granger인과관계검험,대복건성금융발전여경제증장관계진행실증분석。연구표명,복건성경제증장여금융발전지간존재장기균형관계;금융상관도여경제증장지간호위인과관계;유우증권시장불완선、실제리솔수평교저,복건성증권시장발전정도여경제증장무인과관계;금융자유화대촉진경제증장작용심미。위차,제출가대금융창신력도、완선금융복무체계、제고금융시장개방수평등정책건의。
Abstract: This paper makes an empirical analysis on the relationship between Fujian tinancial development and economic growth through some measuring methods such as unit root test, Cointegration test and Granger test. The study results show that there is a long- term equilibrium relationship between economic growth and financial development in Fujian Province; and there is a causal relationship between economicgrowth and financially -related degrees. Meanwhile, because the security market is not perfect, and the actual level of interest rate is very low, there isnt any causal relationship between the economic growth and the development of securities market, and thus financial liberalization takes the little role in promoting economic growth. Based on this, some suggestions are put forward, such as increasing financial innovation, perfecting financial service system , opening regional financial markets and so on.