金融业国际化发展与经济竞争力——基于浙江视角的实证研究

Financial internationalization development and economy competitiveness——Demonstrative research based on Zhej iang angle

浙江省金融业国际化通过多种效应对经济产生重要的拉动作用。本文利用2006年1月至2009年12月的月度时间序列数据,对变量进行了Granger因果关系检验,建立了基于VEC模型的脉冲响应函数,对浙江经济竞争力对金融业国际化发展的动态响应结果进行了分析。检验结果表明,浙江省金融业的国际化发展有利于浙江省经济竞争力的提高。基于上述结论,本文提出了浙江金融业国际化发展的对策建议。

Internationalization of the financial in- dustry in Zhejiang Province can promote economy through a variety of effects. Using the monthly time- series data from January 2006 to December 2009, Granger causality of the variables are tested, impulse re- sponse function based on a VEC model are constructed to analyze Zhejiang dynamic economic responses to Zhe- jiang financial international development. The results demonstrate that the improvement of Zhejiang economic competitiveness can benefit from Zhejiang financial international development. Based on the above find- ings, the paper proposes the suggestions for Zhejiang financial international development.