我国居民杠杆率区域分化与影响因素研究

A Study on the Regional Differentiation of Leverage Ratio of Chinese Residents and Its Influencing Factors

我国区域经济发展的不平衡和金融资源的地区分布差异,客观上造成了不同地区居民杠杆率水平和变动趋势的不同。本文将区域因素纳入居民杠杆率分析框架,识别居民杠杆的区域异质性,通过建立居民杠杆率影响因素的面板空间计量模型,对居民杠杆率变动影响因素的区域差异进行实证分析,并提出稳定住户部门杠杆的政策建议。

This paper brings the regional factors into the analysis frame of resident leverage ratio,identifies the region‐al heterogeneity of resident leverage ratio,and explores the reasons for the increase of resident leverage ratio.It is of great practical significance to work out the stable leverage strategy of regional differentiation based on the principle of seeking common ground while reserving differences.It uses the method of regional difference measurement to measure the degree of regional difference of leverage ratio of residents in our country,and establishes the panel space measurement model of influencing factors of leverage ratio of residents,this paper makes an empirical analysis on the regional difference of influ‐encing factors of residents'leverage ratio,and puts forward some policy suggestions on stabilizing household sector leverage.