摘要
选取2007-2017年中国31个省份的面板数据,利用熵值法逐年确定金融发展、政策激励指标的权重,通过设定静态和动态的空间计量模型,实证分析金融发展、政策激励与实体经济增长之间的关系。从实证结果来看,地理和经济因素确实都会对中国实体经济的发展产生影响,但不同区域的影响程度存在明显的空间联系与差异。同时,实体经济发展会受到前期的影响并存在惯性。金融发展、政策激励在短期和长期均与实体经济呈正相关关系,但二者的交互项与实体经济呈负向相关。因此,促进实体经济增长不仅需要金融体系的深化改革与多项政策的指向性引导,而且需要提高二者的配合质量与协调度。
By selecting the panel data of 31 provinces in China from 2007 to 2017,this paper uses the method of entropy to determine the weight of financial development and policy incentive indicators year by year,and empirically analyses the relationship between financial development,policy incentives and real economic growth by setting static and dynamic spatial econometric models.From the empirical results,the geographical and economic factors do have an impact on the development of China's real economy,but there are obvious spatial connections and differences between different regions.At the same time,the development of real economy will be affected by the early stage,there is inertia.Both financial development and policy incentives are positively correlated with the real economy in the short and long term,but due to the lack of coordination between them,their common role is negatively correlated with the real economy.Therefore,to promote the growth of the real economy not only requires the deepening reform of the financial system and the directional guidance of a number of policies,but also needs to improve the quality and coordination of the two.
作者
赫国胜
燕佳妮
He Guosheng;Yan Jiani(Economics School,Liaoning University,Liaoning Shenyang 110036,China)
出处
《河北经贸大学学报》
CSSCI
北大核心
2020年第5期18-27,共10页
Journal of Hebei University of Economics and Business
关键词
金融发展
政策激励
实体经济增长
空间面板模型
financial development
policy incentives
real economic growth
spaial panel model
