我国金融创新与产业结构调整协同效应研究

发布时间：2018-01-05 08:22

本文关键词：我国金融创新与产业结构调整协同效应研究　出处：《北京交通大学》2017年硕士论文　论文类型：学位论文

【摘要】：当前,中国经济处于新常态时期,经济结构不断优化,产业结构从中低端向中高端水平升级,金融业发展的外在条件和内在环境也发生着深刻的变化。产业结构调整的每一个阶段、每一个方面都需要金融资源的启动、指引与维持,而当金融创新出现并转移扩散时,传统产业部门受其影响也会发生升级改造,新型产业部门随之扩张。因此,产业结构调整与金融创新之间存在着一定的协同效应。首先,对金融创新与产业结构调整之间的协同效应进行理论上的分析,详细阐述了二者之间的协同机制。金融通过自身的创新发展,使金融业的产值实现增长,可以直接与产业结构调整实现协同。另外,金融创新还可以通过需求追随机制、供给引导机制、技术突破机制、资本形成机制、国家产业政策引导机制与产业结构调整实现间接的协同。然后,在实证研究部分,文章运用结构方程的原理和方法,同时根据金融创新与产业结构调整的相关理论,拟合了金融创新与产业结构调整协同效应的结构方程。选取1997-2016年的时间序列数据,构建金融创新、产业结构调整综合评价指标体系,进一步将金融创新划分为金融业务创新能力、金融创新技术水平、金融创新人力资源水平、金融创新风险控制能力四个方面,同时以产业结构高级化和合理化两个方面来衡量产业结构调整。在此基础上分别构建测量方程和结构方程,对拟合模型进行检验-修正-再检验,对我国金融创新和产业结构调整之间的协同关系进行实证研究。最后,文章的结论主要有:1)从理论分析上看,我国的金融创新和产业结构调整存在着直接和间接的协同机制;2)从实证分析来看,产业结构调整与金融创新中的金融业务创新能力、金融创新技术水平有着密切的关系。而金融业务创新能力可以通过金融业非利息收入、金融工具数量来解释,金融创新技术水平的影响因素主要有电子银行成交额、研发投入;3)金融创新的力度很大程度上会对泰尔指数、第三产业产值占GDP的比重、More结构变动指数等参数产生影响,而这些参数是反映产业结构调整合理化和高级化的直接指标;4)从总体来看,金融创新与产业结构调整指标之间相互作用路径系数为0.108,且通过显著性检验,因此两者之间一定存在协同效应。
[Abstract]:At present, China economy is the new normal period, optimize the economic structure, industrial structure upgrading from low-end to high-end level, external conditions of the development of the financial industry and the internal environment is also undergoing profound changes. In every stage of the adjustment of industrial structure, every aspect of the financial resources need to start and maintain guidelines but, when financial innovation and diffusion transfer, traditional industries affected by the will upgrade, new industrial sector is expanding. Therefore, there is a synergistic effect between industrial structure adjustment and financial innovation. Firstly, the theoretical study on the synergistic effect between financial innovation and industrial restructuring. Describes the coordination mechanism between the two. Financial innovation through the development of their own, so that the financial industry value growth, can achieve the adjustment of industrial structure and coordination. In addition, gold Financial innovation can also follow the demand supply mechanism, guide mechanism, technological breakthrough mechanism, capital formation mechanism, the national industrial policy guidance mechanism and the adjustment of industrial structure to achieve indirect coordination. Then, in the part of empirical research, this paper uses the principle and structural equation method, and according to the related theory of financial innovation and industrial structure adjustment. Fit the structural equation of financial innovation and the industrial structure adjustment of the synergistic effect. Select the 1997-2016 time series data, construction of financial innovation, the adjustment of industrial structure of comprehensive evaluation index system, further financial innovation into the innovation ability of financial business, financial innovation, financial innovation and technology level, the level of human resources, the four aspects of financial innovation risk at the same time to control ability, industrial structure more advanced and reasonable to measure two aspects of the adjustment of industrial structure. On the basis of measurement were constructed respectively. Volume equation and structural equation model to test the fitting correction test, makes an empirical study on the cooperative relationship between China's financial innovation and industrial structure adjustment. Finally, the main conclusions are: 1) from the theoretical analysis, financial innovation and industrial restructuring in China there is a coordination mechanism direct and indirect; 2) from the empirical analysis, financial business innovation ability of industrial structure adjustment and financial innovation, financial innovation and technology level have a close relationship. And the innovation ability of financial business through the financial sector in non interest income, the number of financial instruments to explain the influence factors of financial innovation, the technical level of the main electronic bank turnover, R & D investment; 3) financial innovation will largely on the Theil index, the third industrial output value accounted for the proportion of GDP, the influence of More structural change index and other parameters, and these parameters It is a direct indicator to reflect the rationalization and upgrading of industrial structure adjustment. 4) overall, the interaction path coefficient between financial innovation and industrial structure adjustment index is 0.108, and by significance test, there must be synergy between them.

【学位授予单位】：北京交通大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832;F121.3

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