中国信用总规模及其子成分动态传导机制研究  

Study on the Dynamic Transmission Mechanism for Total Credit Scale and Its Sub-components in China

作　　者：段聪颖 段瑞 代仟仟 Duan Congying;Duan Rui;Dai Qianqian(School of Finance,Henan University of Economics and Law,Zhengzhou 450046,Henan,China)

机构地区：[1]河南财经政法大学金融学院,河南郑州450046

出　　处：《征信》2022年第8期34-41,共8页Credit Reference

基　　金：国家社会科学基金后期资助项目(18FJL001)。

摘　　要：厘清信用总规模及其子成分的动态传导机制对合理安排信用规模扩张和促进经济增长至关重要。运用向量自回归模型,分析2006—2021年中国信用总规模及其四大子成分自身的动态传导特征、子成分对信用总规模的动态影响以及信用总规模与子成分的经济效应,结果显示:四大子成分自身信用规模动态传导机制与信用总规模表现不同,各类信用规模的经济效应各不相同。研究结论对深入理解信用规模的动态传导机制具有现实意义。It’s of great significance for rationally arranging the expansion of credit scale and promoting economic growth to sort out the dynamic transmission mechanism of total credit scale and its sub-components.Using vector auto-regressive model,this paper analyzes the dynamic transmission characteristics of China’s total credit scale and its four sub-components from 2006 to 2021,the dynamic influence of sub-components on total credit scale,and the economic effects of total credit scale and sub-components.The results show that the dynamic transmission mechanism of the credit scale of the four sub-components is different from that of the total credit scale,and the economic effects of different credit scales are different.The conclusion is of practical significance for further understanding the dynamic transmission mechanism of credit scale.

关 键 词：信用规模 子成分 经济效应 动态传导机制 

分 类 号：F832.45[经济管理—金融学]