金融业促进区域物流发展的内生机制研究——基于非限制性VAR模型的全视角分析

Study on Endogenous Mechanism of Promotional Effect of Financial Industry on Regional Logistics Development:A WPF Based on Non-restrictive VAR Model

基于河南省1993-2012年的样本数据,借助VAR模型考察了物流发展水平与金融发展深度和广度的内生协同机制。研究表明:区域金融发展广度的提升对区域物流发展水平有显著的促进作用,并且长期具有正的效应,但是金融发展深度还没有达到有效支持物流业发展的程度;而区域物流发展水平对金融发展的广度和深度长期有显著的促进作用,但短期会产生抑制效应。基于此指出为了使区域物流与金融业协同发展,加强金融创新、设计符合金融与物流协同发展的物流金融产品是必要的。

In this paper, on the basis of the relevant data of the Henan province in the period from 1993 to 2012, we used the VAR model to examine the intrinsic collaborative mechanism between the level of the development of the logistics industry and the depth and extent of the development of the financial industry and on the basis of the findings, pointed out that it was necessary to design the logistics financial products suitable for the collaborative development of the financial and logistics industries.