金融发展对产业升级影响的脉冲响应分析:广东例证  

The impulse response analysis on the influence between financial development and industrial upgrading in Guangdong

作　　者：刘宁[1,2] 

机构地区：[1]广东省食品药品监督管理局审评认证中心,广东广州510080 [2]广东金融学院华南金融研究所,广东广州510521

出　　处：《贵州财经大学学报》2014年第1期81-88,共8页Journal of Guizhou University of Finance and Economics

摘　　要：基于1982—2011年的时间序列数据对广东省金融发展与产业结构调整之间的互动关系进行脉冲响应分析,发现尽管短期内广东省金融发展与产业结构升级之间相互促进的关系会出现反向偏离的现象,但由短期偏离向长期均衡调整的速度较快,广东省金融发展与产业结构升级之间存在着互相促进的长期均衡关系,但这种促进作用相对较小。广东银行业效率和资本市场效率相对较低以及广东省金融资源在很大程度上被国有企业所垄断是造成这种现象的主要原因所在。Based on the time series data from 1982 to 2011 in Guangdong Province, this paper applies the impulse response analysis method to analyze the interaction between financial development and industrial structure adjustment. It is found that the relationship of mutual promotion between financial development and upgrading of industrial structure will appear to a reverse deviation, but there is a fast development on the deviation of short - term to long - term equilibrium adjustment, where there is a longterm equilibrium relationship to promote financial development and industrial structure upgrading. On the other side, the banking and capital market efficiency is relatively low in Guangdong, and the financial resources largely monopolized by state - owned enterprises is another major reason to cause this phenomenon.

关 键 词：金融发展 产业升级 广东省 

分 类 号：F830.9[经济管理—金融学]