影子银行是否有助于解决我国的金融错配问题——基于时序与面板数据的双重考察

发布时间：2018-01-20 19:39

本文关键词： 金融错配影子银行协整理论面板回归模型　出处：《财会月刊》2017年03期 　论文类型：期刊论文

【摘要】：本文以1992~2015年我国的时间序列数据和2005~2014年30个省的面板数据为样本,通过协整理论和面板回归模型对影子银行与金融错配之间的关系进行实证分析。结果发现:从时间维度来看,影子银行规模和金融错配之间存在着长期的均衡关系,且影子银行从长期来看有助于降低金融错配,但是短期可能会加剧金融错配问题;从区域和规模维度来看,影子银行规模与金融错配之间呈现"U"型关系,存在显著的阈值效应。此外,影子银行的发展对金融错配影响力度由大到小依次为西部地区、东部地区和中部地区,金融发展情况、金融和通货膨胀都对金融错配产生了重要的影响。最后,在已有研究结论的基础上提出相关对策建议。
[Abstract]:In this paper, time series data from 1992 to 2015 and panel data from 30 provinces from 2005 to 2014 are taken as samples. Through the co-integration theory and panel regression model to analyze the relationship between shadow banking and financial mismatch. The results show that: from the perspective of time dimension. There is a long-term equilibrium relationship between the size of the shadow bank and the financial mismatch, and the shadow bank can help to reduce the financial mismatch in the long run, but it may aggravate the financial mismatch problem in the short term. In terms of regional and scale dimensions, there is a "U" relationship between shadow bank size and financial mismatch, which has a significant threshold effect. The development of shadow banking has an important impact on the financial mismatch from big to small to the western region, the eastern region and the central region, the financial development situation, the financial and inflation all have an important impact on the financial mismatch. On the basis of the existing research conclusions, the relevant countermeasures and suggestions are put forward.
【作者单位】：兴业银行成都分行;西南财经大学经济学院;
【基金】：国家社会科学基金重大项目“中国特色社会主义政治经济学研究”(项目编号:2015MZD006)
【分类号】：F832.3
【正文快照】： 一、引言改革开放以来,金融错配一直是我国经济运行中存在的一个显著问题。金融错配不仅会引起金融泡沫,阻碍金融结构的优化,降低资源的配置效率,更会对我国的经济增长和经济结构的调整产生非常不利的影响。因此,金融错配成为学术界和实务界关心的热点话题之一。新常态下,我国

【相似文献】