摘要
通过对近年来金融深化与资本深化共生的现实影响能源消费量的理论机制分析,并选取入世10年间省际数据构造金融深化综合评价指标、建立包含"双重深化"及二者共生作用的面板数据模型进行实证研究,结果显示:相对滞后的金融深化整体上助推了我国的能源消费,但在能耗较低地区尚不明显;资本过度深化加速了能源耗费,其作用随地域间工业化程度的加深而越发显著;"双重深化"交错互补的共生作用对能源消费产生了显著额外影响,其合力最终可起到能源节约的积极效果。
This paper analyzes the theoretical mechanism of the concurrence of financial deepening and capital deepening impacting energy consumption in China,then uses provincial panel data in 10 years since China joined WTO to structure both a composite indicator to evaluate financial deepening and an empirical model including financial deepening,capital deepening and the effect of their intergrowth.The conclusion is drawn as follows.Financial deepening in China which is relatively lagging has boosted energy consumption,this effect is not yet obvious in low energy consuming districts.Excessive capital deepening in China is boosting energy consumption in an accelerated speed,this effect is more obvious in industrialized districts.The mechanism of intergrowth between financial deepening and capital deepening affects energy consumption in complicated ways,the resultant force is beneficial to energy conservation.
出处
《现代财经(天津财经大学学报)》
CSSCI
北大核心
2013年第5期40-50,59,共12页
Modern Finance and Economics:Journal of Tianjin University of Finance and Economics
关键词
金融深化
资本深化
双重深化
能源消费
financial deepening
capital deepening
double deepening
energy consumption