福建省金融发展与对外贸易关系的实证研究

Empirical Study on the Relationship Between Foreign Trade and Financial Development in Fujian Province

在世界经济全球化、一体化的过程中,金融和对外贸易逐渐成为现代经济发展过程中的核心和动力.基于福建省1990—2016年的相关数据进行协整检验,实证结果表明福建省金融发展与对外贸易存在长期均衡的关系,其中金融市场规模促进了外贸增长和结构优化,但金融市场效率阻碍了外贸增长和结构优化.提出了改善外贸企业融资环境,增加融资渠道、鼓励企业技术创新,优化进出口产品结构、深化改革,提升金融体系运行效率等建议,这对于实现福建省金融对对外贸易的有效支持以及推进福建省金融体系的深化改革具有一定的现实意义.

In the process of globalization and integration of the world economy, finance and foreign trade have gradually become the economic development core and driving force. This paper uses co-integration test based on 1990-2016 year data of Fujian province, and empirical results show that there is a long-term relationship between financial development and foreign trade in Fujian province. Among them, financial market scale contributes to the growth of foreign trade and structural optimization, but the efficiency of financial market hinders it. Several suggestions are put forward as follows： improving the financing environment of enterprises, increasing financing channels, encouraging technology innovation, optimizing the structure of import and export products, deepening financial reform and improving financial system efficiency. It is of practical significance to realize the effective support of Fujian finance to foreign trade and to deepen the reform of the provincial financial system.