基于VAR和VEC模型的互联网金融与经济增长关系的实证研究

Empirical research on the relationship between internet finance and economic growth based on VAR and VEC model

基于VAR及VEC模型对2010年以来的互联网金融与经济增长变化关系的实证分析表明:经济增长能够促进互联网金融行业的发展;在互联网金融的典型业态中,众筹对经济增长影响最大;随着互联网金融不断衍变创新,不同新型业态之间存在互相竞争、制约发展的特点。

Based on the VAR and VEC model of internet financial and economic growth since 2010 change relation of the empirical analysis shows that economic growth can promote the development of the internet financial industry;In the typical business mode of internet finance,Crowdfunding has the greatest impact on economic growth;With the continuous development of Internet finance,there exists the characteristics of competition and restriction of development between different new formats.