财经论丛
財經論叢
재경론총
Collected Essays On Finance and Economics
2011年
5期
58~64
,共null页
金融发展 城乡收入差距 面板协整 面板误差修正模型
金融髮展 城鄉收入差距 麵闆協整 麵闆誤差脩正模型
금융발전 성향수입차거 면판협정 면판오차수정모형
financial development; urban-rural income disparity; panel co-integration; panel vector error-correction model
本文应用Blackburne和Frank(2007)提出的新方法进行金融发展水平与城乡收入差距的面板协整模型和面板误差修正模型的估计,研究显示,我国金融发展规模、金融发展效率和城乡收入差距在不同省份间已形成异质性的长期协整关系,同时,我国金融发展与城乡收入差距的长期关系对短期的城乡收入差距扩大产生抑制效应。因此,长期内应注重促进农村地区的金融发展,逐步改变城乡金融发展不均衡的状况;短期内应采取能够提高农民收入的直接措施。
本文應用Blackburne和Frank(2007)提齣的新方法進行金融髮展水平與城鄉收入差距的麵闆協整模型和麵闆誤差脩正模型的估計,研究顯示,我國金融髮展規模、金融髮展效率和城鄉收入差距在不同省份間已形成異質性的長期協整關繫,同時,我國金融髮展與城鄉收入差距的長期關繫對短期的城鄉收入差距擴大產生抑製效應。因此,長期內應註重促進農村地區的金融髮展,逐步改變城鄉金融髮展不均衡的狀況;短期內應採取能夠提高農民收入的直接措施。
본문응용Blackburne화Frank(2007)제출적신방법진행금융발전수평여성향수입차거적면판협정모형화면판오차수정모형적고계,연구현시,아국금융발전규모、금융발전효솔화성향수입차거재불동성빈간이형성이질성적장기협정관계,동시,아국금융발전여성향수입차거적장기관계대단기적성향수입차거확대산생억제효응。인차,장기내응주중촉진농촌지구적금융발전,축보개변성향금융발전불균형적상황;단기내응채취능구제고농민수입적직접조시。
The paper applies the new method of Blackburne and Frank(2007) to estimate the panel co-integration model and panel vector error-correction model between financial development and urban-rural income disparity.The study shows that financial development dimensions,financial development efficiency and the disparity have formed heterogeneous long-run co-integration relationship among China's different provinces.Estimated PVECM indicates that long-run co-integration relationship will depress broadening of the disparity in the short run.Therefore,we should focus on development of rural finance to change the imbalance between urban finance and rural finance in the long run.Meanwhile,direct measures of increasing farmer income should be taken in the short run.