摘要
依据我国大陆地区30个省市(西藏除外)1985～2006年的面板数据,采用动态面板数据模型以及Blundell和Bond(1998)提出的系统广义矩估计法,对金融发展对我国总体以及东、中、西部地区资本形成的效应进行了实证分析。结果显示当期及滞后一期和二期的金融发展对我国总体及东、中、西部地区的当期资本形成有正或负效应,且这种正负效应在东、中、西部地区之间存在明显的地区差异。
This paper takes use of the panel data of 30 provinces of China mainland, autonomous regions, as well as municipalities （ except Tibet） from 1985 to 2006, and analyzes the effect of finance development on capital formation of China and the East, Center and West and district difference via dynamic panel data model estimated by system GMM advanced by Blundell and Bond^（1998）. It shows that the effects from financial development of the same and last year upon Chiua＇s and the East,, Center＇s and West＇s capital formation is positive or negative, and the effects show obvious regional difference.
出处
《软科学》
CSSCI
2008年第10期6-10,共5页
Soft Science
基金
国家社会科学基金重点项目(07AJY010)
关键词
金融发展
资本形成
地区差异
动态面板数据
系统广义矩
financial development
capital formation
regional difference
dynamic panel data
system GMM
