金融发展与低碳经济:基于PVAR模型的实证研究  

Financial Development and Low-Carbon Economy: an Empirical Study Based on PVAR Model

作　　者：徐枫[1,2] 陈昭豪[1] 

机构地区：[1]华南理工大学经济与贸易学院金融系 [2]广东省普通高校人文社科重点研究基地-华南理工大学金融工程研究中心

出　　处：《投资研究》2014年第3期54-65,共12页Review of Investment Studies

基　　金：中国清洁发展机制基金(2012021);国家社会科学基金重大项目(No.11&ZD156);广东省自然科学基金项目(S2013010013990);中央高校基本科研业务费专项资金的资助

摘　　要：本文采用代表性的跨国面板数据,运用PVAR模型从宏观上对金融发展和低碳经济进行实证研究。研究表明:传统的以盈利为唯一动机的金融模式依然占据主导地位,金融主要服务于经济增长而没有较多地关注温室气体的减排,但低碳经济的发展促进了金融创新,推动着金融的发展,金融发展与低碳经济是既对立又统一的辩证关系。因此,中国应坚定不移地走低碳经济的发展道路,转变传统的以盈利为唯一动机的金融模式。Using a typical sample of multinational panel data, this paper studies the relationship between financial development and low-carbon economy with a PVAR model. This study shows that traditional financial model with profit as the only motive is still dominant. The finance mainly aims at the economic growth and pays little attention to the emissions of greenhouse gases. But the development of low-carbon economy encourages financial innovation and promotes financial development. And financial development and low-carbon economy is unity of opposites. Therefore, China should unswervingly develop low-carbon economy and change the traditional profit-oriented financial model.

关 键 词：金融发展 低碳经济 PVAR模型 

分 类 号：F062.2[经济管理—政治经济学] F831F224