摘要
金融市场的国际影响力是一国综合国力的重要组成部分,到目前为止,对一国金融市场的国际影响力进行系统性测评的指标体系还没有形成。本文基于国际货币基金组织(IMF)协调证券投资调查数据库公布的全球双边证券投资头寸数据编制了2017年6月“国家(地区)×国家(地区)”形式的全球证券投资头寸表,并以该表的数据为基础模拟了全球证券投资网络。然后采用社会网络与马尔可夫链分析方法,编制了金融影响力指数,系统考察了中国在全球证券市场的直接与潜在金融影响力。研究发现:全球证券交易以美国、卢森堡、英国、日本、法国、德国等发达国家为中心,中国金融影响力在全球排名第17位,尚未进入全球证券决策的核心,但已经成为全球证券市场中一支不可或缺的力量。
The international influence of financial market is an important part of a country’s comprehensive national strength, and the index system for systematically evaluating a country’s financial influence has not been formed yet. Based on the global bilateral securities investment position data published by the IMF Coordinated Securities Investment Survey Database, this paper compiles the global securities investment table of June 2017 in the form of "country(region)×country(region)", and simulates the global securities investment network with the data of this table. Then we compile the financial influence index to systematically analyse the direct and potential financial influence of China in the global securities market by using social network and Markov Chain analysis method. The study finds that the developed economies such as the United States, Luxembourg, Britain, Japan, France and Germany are the center of global securities network. The financial influence of China ranks only 17 th in the world, and has not entered the decision core of global securities market, but has become an indispensable force in the global securities market.
作者
李宝瑜
周玲
李原
Li Baoyu;Zhou Ling;Li Yuan
出处
《统计研究》
CSSCI
北大核心
2019年第7期39-49,共11页
Statistical Research
基金
国家社会科学基金青年项目“中国货币政策国际联动量化决策方法与模型研究”(17CGL010)的阶段性成果
关键词
金融影响力
网络分析
马尔可夫链
Financial Influence
Network Analysis
Markov Chain
