工业技术经济
工業技術經濟
공업기술경제
INDUSTRIAL TECHNOLOGY & ECONOMY
2014年
2期
139-149
,共11页
金融发展%产业结构升级%经济增长%面板协整
金融髮展%產業結構升級%經濟增長%麵闆協整
금융발전%산업결구승급%경제증장%면판협정
financial system development%industrial structure upgrading%economic growth%panel co-integration
本文从金融发展、产业结构升级与经济增长的机理出发，构建金融发展、产业结构升级与经济增长的多方程模型，利用1993～2010年中国省际面板数据，采用面板协整和向量误差修正模型系统考察了三者之间的关系。研究结果表明：金融发展与经济增长二者互相影响，但作用方向具有差异性。金融发展规模是推动经济增长的有力因素，但金融效率严重制约了金融发展对经济增长的正效应发挥。金融产业发展在产业结构升级对经济增长的促进作用中扮演极其重要的角色。经济增长依赖于产业结构升级，快速发展的金融产业是产业结构升级的助推器。产业结构升级对金融发展起着巨大的拉动效应，金融发展是产业结构升级的重要外部支撑条件。金融发展与产业结构升级二者具有较大的相互推动作用。最后，提出了促进金融发展、产业结构升级与经济增长的协调发展的政策建议。
本文從金融髮展、產業結構升級與經濟增長的機理齣髮，構建金融髮展、產業結構升級與經濟增長的多方程模型，利用1993～2010年中國省際麵闆數據，採用麵闆協整和嚮量誤差脩正模型繫統攷察瞭三者之間的關繫。研究結果錶明：金融髮展與經濟增長二者互相影響，但作用方嚮具有差異性。金融髮展規模是推動經濟增長的有力因素，但金融效率嚴重製約瞭金融髮展對經濟增長的正效應髮揮。金融產業髮展在產業結構升級對經濟增長的促進作用中扮縯極其重要的角色。經濟增長依賴于產業結構升級，快速髮展的金融產業是產業結構升級的助推器。產業結構升級對金融髮展起著巨大的拉動效應，金融髮展是產業結構升級的重要外部支撐條件。金融髮展與產業結構升級二者具有較大的相互推動作用。最後，提齣瞭促進金融髮展、產業結構升級與經濟增長的協調髮展的政策建議。
본문종금융발전、산업결구승급여경제증장적궤리출발，구건금융발전、산업결구승급여경제증장적다방정모형，이용1993～2010년중국성제면판수거，채용면판협정화향량오차수정모형계통고찰료삼자지간적관계。연구결과표명：금융발전여경제증장이자호상영향，단작용방향구유차이성。금융발전규모시추동경제증장적유력인소，단금융효솔엄중제약료금융발전대경제증장적정효응발휘。금융산업발전재산업결구승급대경제증장적촉진작용중분연겁기중요적각색。경제증장의뢰우산업결구승급，쾌속발전적금융산업시산업결구승급적조추기。산업결구승급대금융발전기착거대적랍동효응，금융발전시산업결구승급적중요외부지탱조건。금융발전여산업결구승급이자구유교대적상호추동작용。최후，제출료촉진금융발전、산업결구승급여경제증장적협조발전적정책건의。
Based on the provincial panel data through 1993~2010 , this paper constructs a theoretical framework of financial system development , industrial structure upgrading and economic growth , and empirically analyzes the relation of them with co -integration and ECM of inter-provincial panel data . The finding shows that : (1 ) there is a positive relationship between financial system development and economic growth , and financial system development scale is an important factor of the economic growth , but financial efficiency has seriously hampered the positive effect of financial development on economic growth . (2) financial industry development plays an extremely important role for industrial structure upgrading promoting economic growth . Economic growth depends on industrial structure upgrading and the rapid financial industry development is a booster for the industrial structure upgrading . Industrial structure upgrading plays a huge pull effect for financial development and financial development is external support conditions of the industrial structure upgrading . (3 ) Financial development promotes the industrial structure upgrading with each other . At last , according to the conclusion , the paper proposes some guidelines for the development of financial system , industrial structure upgrading and economic growth .
