区域经济增长的金融支持研究——基于中国省域面板数据的实证分析  

A Study on Financial Support for Regional Economic Growth——An Empirical Research Based on Panel Data

作　　者：赵本福[1] 柏玲[1] 季民河[1] 

机构地区：[1]华东师范大学地理信息科学教育部重点实验室,上海200241

出　　处：《金融教育研究》2013年第2期43-49,共7页Research of Finance and Education

基　　金：国家自然科学基金项目:中国知识创新溢出与可持续发展研究(No.40671074)

摘　　要：文章运用面板协整分析、Granger因果检验与误差修正模型,对1998-2010年我国30个省域的区域经济增长与金融支持的关系进行了实证分析。结果表明:从长期来看,我国金融支持与区域经济增长之间存在着稳定的均衡关系,金融支持是经济增长的Granger原因,且以银行信贷余额、股票总市值和保费收入所表示的金融支持都对经济增长起到积极的促进作用。而从短期来看,金融支持的不同方面对经济增长影响方向不同,银行体系规模和保险市场规模对区域经济增长具有正向的作用,而股票市场规模却对区域经济增长产生了负的影响,表现为抑制作用。Based on panel cointegration analysis,causality test and error correction model,the paper empirically tests the relationship between financial support and economic growth in 30 provinces of China from 1998 to 2010.The study shows that in the long run there exists the stability of the equilibrium relationship between provincial financial support and economic growth.Financial support is the Granger causality of economic growth,the financial support system indicated by the balance of bank loans,stock market capitalization and premium income plays a positive role in promoting economic growth.But in the short term,the different aspects of the financial system impact on innovation are quite different.The bank system scale and insurance market scale have positive relationship with regional economic growth,however,the stock market scale have negative effects on regional economic growth.

关 键 词：金融支持 经济增长 面板数据 GRANGER因果检验 面板误差修正模型 

分 类 号：F830[经济管理—金融学]