金融资源配置对区域经济增长的影响研究——以湖南省为例  

Study on the Allocation of Financial Resources to Influence the Regional Economic Growth:Taking Hunan Province as An Example

作　　者：李少鹏[1] 彭耿[1] 刘芳[1] 

机构地区：[1]吉首大学商学院,湖南吉首416000

出　　处：《科技和产业》2015年第2期154-160,共7页Science Technology and Industry

基　　金：湖南省社会科学基金项目(12YBA262;12YBB218);湖南省教育厅优秀青年项目(14B145);湖南省民族事务委员会民族研究项目(HNMY2014-022);吉首大学校级科研项目(13JDY049)

摘　　要：选取1994到2012年的湖南省金融机构存贷余额MR、证券市场筹资额CR和实际利用外资额FR为样本,运用Johansen检验表明金融资源配置与经济增长存在长期均衡关系;构建向量误差修正模型(VEC),通过了自相关LM检验和正态性检验(J-B),得出金融资源配置与经济增长存在短期均衡关系,运用脉冲响应函数分析金融资源配置对经济增长的冲击作用和贡献度,结果表明金融机构存贷款余额对经济增长是负向冲击,而证券市场筹资额和实际利用外资额正向冲击。Selected from 1994 to 2012in Hunan province loan balance MR financial institutions,securities market,raise the CR and the actual use of pinch FR as sample,using Johansen test shows that the financial resource allocation and economic growth there is a long-term equilibrium relationship;Build vector error correction model（VEC）,through the autocorrelation LM test and normality test（J-B）,it is concluded that financial short-term equilibrium relationship in the allocation of resources and economic growth,using impulse response function analysis of the impact of the effect on economic growth and financial resources allocation contribution,the results show that financial institutions deposit and balance is a negative impact on economic growth,and securities markets raised and actual using more positive impact.

关 键 词：金融资源配置 JOHANSEN检验 VEC模型 脉冲响应函数 

分 类 号：F832.7[经济管理—金融学]