单 位:
晋中学院经济管理学院;山西财经大学资源型经济转型发展研究院
关键词:
金融要素;莫兰指数模型;杜宾面板模型;空间相关
摘 要:
选择了莫兰指数模型和杜宾面板模型用于分析金融要素对宏观经济效率的影响.以全要素生产率代表宏观经济效率,以银行体系发展、证券市场发展代表金融要素,以2009-2018年10个年度31个省份的数据展开实证分析.分析结论显示:我国宏观经济效率存在明显的空间相关关系,经济发达的省份经济效率高;银行体系发展对宏观经济效率的影响为负(-0.011~*),证券市场对宏观经济效率的影响为正(0.028~(**)).
译 名:
Moran Index Analysis of the Impact of Financial Elements on Macroeconomic Efficiency
作 者:
LI Yun-peng;ZHANG Jing;College of Economy and Management, Jingzhong University;Research Institute of Resource-based Economic Transformation and Development, Shanxi University of Finance and Economics;
关键词:
financial factor;;Moran index model;;Durbin panel model;;spatial correlation
摘 要:
Moran index model and Durbin panel model are selected to analyze the impact of financial factors on macroeconomic efficiency. Total factor productivity(TFP) is used to represent macroeconomic efficiency, banking system development and securities market development to represent financial factors, and 31 provinces' data from 2009 to 2018 to carry out an empirical analysis. The results show that there is a clear spatial correlation between macroeconomic efficiency in China, and the economic efficiency of developed provinces is high; the impact of banking system development on macroeconomic efficiency is negative(-0.011~*), and the impact of securities market on macroeconomic efficiency is positive(0.028~(**)).