基于融资结构视角下新疆经济增长因素的实证研究

An Empirical Study on the Factors Affecting the Economic Growth of Xinjiang——From the Perspective of Financing Structure

本文以2000—2013年新疆地区宏观经济数据为样本,构建多元回归模型,研究新疆地区融资结构对经济增长的影响。研究结果发现:新疆地区融资结构与其经济增长之间存在显著长期的线性相关关系;股票融资、银行信贷融资、外商直接投资以及债券融资均会对新疆地区经济增长起到促进作用;股票融资、银行信贷融资、外商直接投资以及债券融资对新疆地区经济增长的促进作用依次增强。

In this paper, we build a muhiple regression model to study the impact of financing structure on economic growth in Xinjiang, in order to build a multiple regression model in the area of Xinjiang. Research results： （1） there was a long term significant linear correlation to the Xin, jiang region financing structure and economic growth; （2） the stock financing, bank credit financing, foreign direct investment and the bond financing will play roles in promoting the economic growth in the region; （3） the stock financing, bank credit financing, foreign direct investment and bond financing to Xinjiang economic growth promoting are enhanced in turn.