资本市场对全要素能源效率的影响研究

发布时间：2018-01-02 21:32

本文关键词：资本市场对全要素能源效率的影响研究　出处：《湖南大学》2014年硕士论文　论文类型：学位论文

【摘要】：改革开放以来，中国经济保持了高速发展，能源消耗也随着大幅增加。同时，中国能源总量大、人均少的国情，使确保能源安全成为中国政府新世纪的重要议题。因此，在传统能源储量不断下降、新能源开发缓慢的情况下，提高能源效率成为解决能源危机问题的重要途径。在这方面，资本市场的资金集聚和资源配置功能，能够促进全要素能源效率的提升。基于此，本文运用定量分析与定性分析相结合、理论分析与实证分析相结合的方法，考察资本市场对全要素能源效率的影响，并系统地分析资本市场作用于全要素能源效率的途径和机制。论文首先对关于全要素能源效率的文献进行梳理，在充分研读已有文献的基础上，合理借鉴相关研究成果，提出本文的论点及研究方法。接着基于资本市场基本功能的视角，对资本市场作用于全要素能源效率的机制进行理论分析，将其总结为资金集聚理论、资源配置理论和市场约束理论，，并对上述三种理论进行详细阐述。在对我国全要素能源效率和资本市场现状系统性分析的基础上，利用面板Tobit模型和中介效应分析模型进行实证研究。最后基于实证结果的分析，提出进一步完善我国资本市场体制、促进资本市场存量资源配置和优化我国资本市场约束机制的政策建议。本文将金融的发展作为影响全要素能源效率的因素来考量，进一步丰富全要素能源效率研究领域的理论；在研究方法上，通过面板Tobit模型与中介效应分析模型相结合的方式，系统地分析资本市场与全要素能源效率的关系及其作用机制，在理论与研究方法上具有一定创新性。
[Abstract]:Since the reform and opening up, China's economy has maintained rapid development, energy consumption has also increased significantly. At the same time, China's total amount of energy is large, per capita small national conditions. Ensuring energy security has become an important issue for the Chinese government in the new century. Therefore, with the decline of traditional energy reserves and the slow development of new energy sources. Improving energy efficiency is an important way to solve the problem of energy crisis. In this respect, the capital market's function of capital agglomeration and resource allocation can promote the improvement of all-factor energy efficiency. Based on this, this paper uses the combination of quantitative analysis and qualitative analysis, theoretical analysis and empirical analysis to investigate the impact of capital markets on the total factor energy efficiency. And the paper systematically analyzes the ways and mechanisms of the capital market acting on the total factor energy efficiency. Firstly, the paper combs the literature on the total factor energy efficiency, on the basis of the full study of the existing literature. Based on the basic function of capital market, this paper makes a theoretical analysis of the mechanism of capital market acting on all-factor energy efficiency. It is summarized as the theory of capital agglomeration, the theory of resource allocation and the theory of market constraint, and the above three theories are elaborated in detail. Based on the systematic analysis of the energy efficiency of all factors and the present situation of capital market in China. Using panel Tobit model and intermediary effect analysis model to carry on the empirical research. Finally, based on the analysis of the empirical results, the further improvement of China's capital market system is proposed. Policy recommendations for promoting the allocation of capital market stock resources and optimizing the constraint mechanism of China's capital market. In this paper, the development of finance is considered as the factor that affects the energy efficiency of all factors, which further enriches the theory of the research field of energy efficiency of all factors. In the research method, through the combination of panel Tobit model and intermediary effect analysis model, the relationship between capital market and total factor energy efficiency and its mechanism are systematically analyzed. It is innovative in theory and research methods.
【学位授予单位】：湖南大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F124.5;F832.5

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