四川省金融结构和产业结构的相互关系研究

发布时间：2018-05-11 02:33

本文选题：金融结构 + 产业结构　；参考：《四川农业大学》2014年硕士论文

【摘要】：产业结构的本质是资金在各产业之间的配置状态,而金融处于现代经济中的核心位置,其主要功能就是实现资金的配置功能,产业结构的升级会推动经济的发展,金融结构的合理性也是影响经济进步的关键因素,从理论上讲金融结构和产业结构之间是存在某种相互影响的关系,而在现有的研究成果中,由于对金融结构涵义的界定不同、考察指标选取的不同以及金融数据的缺乏,对二者关系是否存在相互影响以及如何相互作用并没有得出一致的结论。本文在前人已有的研究成果之上进行梳理总结,运用相关理论从融资结构、金融资产结构、金融工具结构、金融行业结构四个角度对四川省金融结构和产业结构之间的关系进行了理论和实证分析,首先通过理论分析论证金融结构和产业结构之间存在着相互影响的机制,并构建了相互作用机理图。然后对四川省金融结构和产业结构的现状进行描述和分析,最后在理论模型的指导下分别对融资结构、金融资产结构、金融工具结构、金融行业结构和产业结构的关系进行实证分析,实证分析的主要方法采用格兰杰因果关系检验和回归分析。分析结果发现金融结构转变会带来产业结构的调整,产业结构升级的同时也会带来金融结构的优化。具体体现在融资总量结构不是产业结构的格兰杰原因,第一产业比重不是融资总量结构的格兰杰原因,但第二、三产业比重是融资总量结构的格兰杰原因；融资构成结构不是第一产业比重的格兰杰原因,是第二、三产业比重的格兰杰原因,产业结构不是融资构成结构的格兰杰原因。金融资产结构、金融行业结构、金融工具结构跟产业结构之间都不存在因果关系,通过回归分析可以得出第一、三产业的发展跟直接融资成负相关关系,跟间接融资成正相关关系；保险业资产比重的增加对第二产业比重增加起促进作用,但同时抑制了第三产业比重的增加。而证券业资产比重、金融工具结构和第一产业比重均不存在协整关系。在文章的最后部分通过比较理论分析和实证分析的结果,提出四川省金融结构和产业结构发展存在的问题,主要有间接融资比重大、证券市场发展缓慢和第三产业发展不足,并对这些问题提出了相应的政策建议,包括加快产业融资方式的多元化发展,提高金融机构的资金配置效率、完善证券市场功能,加快保险业市场的发展和降低第一产业比重,促进第二、三产业的发展。
[Abstract]:The essence of industrial structure is the allocation of funds among industries, while finance is in the core position of modern economy. Its main function is to realize the allocation of funds. The upgrading of industrial structure will promote the development of economy. The rationality of financial structure is also the key factor affecting economic progress. In theory, there is a certain relationship between financial structure and industrial structure, but in the existing research results, because of the different definition of financial structure, There is no consistent conclusion on whether or not there is interaction between the two factors and how to interact with each other by examining the difference of index selection and the lack of financial data. In this paper, based on the previous research results, we use the relevant theory from the financing structure, financial asset structure, financial instruments structure, The relationship between financial structure and industrial structure in Sichuan Province is analyzed theoretically and empirically from four angles of financial industry structure. Firstly, the mechanism of mutual influence between financial structure and industrial structure is demonstrated by theoretical analysis. The interaction mechanism diagram was constructed. Then it describes and analyzes the current situation of financial structure and industrial structure in Sichuan Province. Finally, under the guidance of theoretical model, the paper analyzes the financing structure, financial asset structure, financial instrument structure, respectively. The relationship between financial industry structure and industrial structure is empirically analyzed. The main methods of empirical analysis are Granger causality test and regression analysis. The results show that the transformation of the financial structure will bring about the adjustment of the industrial structure and the upgrading of the industrial structure will also bring about the optimization of the financial structure. The concrete manifestation is that the gross financing structure is not the Granger reason of the industrial structure, the proportion of the primary industry is not the Granger reason of the total financing structure, but the second, the third industry proportion is the Granger reason of the total financing structure; The structure of financing is not the Granger reason of the proportion of the primary industry, the Granger cause of the proportion of the second and third industries, and the industrial structure is not the Granger reason of the structure of the financing. There is no causal relationship between financial asset structure, financial industry structure, financial instrument structure and industrial structure. Through regression analysis, it can be concluded that the development of the first and third industries is negatively related to direct financing. The increase of the proportion of insurance assets promotes the increase of the secondary industry, but at the same time inhibits the increase of the proportion of the tertiary industry. However, there is no cointegration relationship among asset ratio, financial instrument structure and primary industry proportion of securities industry. In the last part of the article, by comparing the results of theoretical analysis and empirical analysis, it is pointed out that the problems existing in the development of financial structure and industrial structure in Sichuan Province are mainly the large proportion of indirect financing, the slow development of the securities market and the insufficient development of the tertiary industry. It also puts forward corresponding policy suggestions, including speeding up the diversified development of industrial financing mode, improving the efficiency of fund allocation of financial institutions, perfecting the function of securities market, speeding up the development of insurance market and reducing the proportion of primary industry. Promote the development of the second and third industries.
【学位授予单位】：四川农业大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F832.7;F127

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