金融科技、区域金融稳定与经济高质量发展的非线性效应--基于面板平滑转换模型  

Nonlinear effects of Financial Technology, Regional Financial Stability and High-quality Economic Development--Based on panel smooth conversion model

作　　者：杨洁 陈修素[1] Yang Jie;Chen Xiusu(School of Mathematics and Statistics,Chongqing Technology and Business University,Nanan Chongqing 400067,China)

机构地区：[1]重庆工商大学数学与统计学院,重庆南岸400067

出　　处：《衡阳师范学院学报》2022年第6期132-139,共8页Journal of Hengyang Normal University

基　　金：国家社会科学基金重点项目(17AGL007);重庆市社科规划项目(2021PY39);重庆工商大学项目(1952026,1952031,KFJJ2017066,2019ZKYYA112)。

摘　　要：本文将金融科技、区域金融稳定与经济高质量发展纳入统一框架进行分析,基于中国2011-2020年省级平衡面板数据,运用面板平滑转换模型,研究金融科技对经济高质量发展的非线性关系以及区域金融稳定的调节作用。研究结果表明:(1)金融科技对经济高质量发展具有正向促进作用;(2)区域金融稳定在金融科技影响经济高质量发展过程中的确存在显著的非线性的调节作用,随着区域金融稳定程度的提高,金融科技发展水平的提高对经济高质量发展的影响效应由促进转为抑制。This paper attempts to integrate financial technology, regional financial stability and high-quality economic development into a unified framework for analysis. Based on China’s 2011-2020 provincial balanced panel data, the panel smooth transformation model is used to study the nonlinear relationship between financial technology and high-quality economic development and the moderating effect of regional financial stability. The results show that:(1) The financial technology plays a positive role in promoting high-quality economic development;(2) The regional financial stability does have a significant nonlinear regulating effect on the impact of financial technology on high-quality economic development. With the improvement of regional financial stability, the effect of the improvement of financial technology development level on high-quality economic development changes from promotion to inhibition.

关 键 词：金融科技 区域金融稳定 经济高质量发展 

分 类 号：F832[经济管理—金融学] F830