基于面板数据的长三角区域金融发展和区域经济增长研究

Yangtze River Delta Region's Financial Development and Regional Economic Growth based on Panel Data

选取长三角二省一市金融发展和经济增长的指标,利用面板数据,构建计量模型,结果表明:银行贷款显著促进了江苏和浙江的经济增长。上海市的证券市场融资额对上海的经济增长虽然显著,但系数很小。江苏和浙江的证券市场融资额对其经济增长的影响则不显著。上海和江苏的利用外资显著促进了其经济增长,浙江则不显著。浙江的劳动力系数显著,说明浙江的产业结构比上海和江苏在更大程度上依靠劳动力投入。因此浙江应该尽快转变经济发展方式,提升产业结构,保证经济增长的后劲。

Select the economic growth and financial development variables of the Yangtze River Delta, using panel data, establish the econometric model. The results show that： bank loans significantly promoted the economic growth of Jiangsu and Zhejiang. Shanghai＇ s securities market financing promoted its economic growth but the coefficient is very small. Financing amount of stock market in Jiangsu and Zhejiang is not significant. Foreign capital in Shanghai and Jiangsu significantly promote the economic growth, Zhejiang is not significant. Zhejiang＇s labor force coefficient significant, that indicate： the industrial structure of Zhejiang is in greater reliance on labor input than Shanghai and Jiangsu. Therefore Zhejiang should change the mode of economic growth to promote its economic growth.