科技金融与经济增长——基于2007-2018年面板数据的实证检验

Technology Finance and Economic Growth:An Empirical Test Based on Panel Data from 2007 to 2018

科技金融是科技与金融的有机结合,能够有效提高金融企业优化资源配置的能力,从而有利于技术的进步。不仅如此,科技金融的发展还能支持当地企业的技术研发,并支持其他地区的技术研发融资需求。本文基于2007—2018年的面板数据,进行单位根检验、协整检验,运用动态面板模型进行回归,对科技金融对经济增长的影响进行了分析。结果表明,科技金融对经济增长存在显著的影响关系,但是在东部地区、中部地区和西部地区内部存在着差异。

Science and technology finance is the organic combination of science and technology and finance,which can effectively improve the ability of financial enterprises to optimize the allocation of resources,thus conducive to the progress of technology.Moreover,the development of science and technology finance can also support the technology R&D of local enterprises and the financing needs of technology R&D in other regions.Based on the panel data from 2007 to 2018,this paper carries out unit root test,cointegration test,and regression using dynamic panel model to analyze the impact of science and Technology Finance on economic growth.The results show that there is a significant impact relationship between science and technology finance and economic growth,but there are differences within the eastern region,central region and western region.