摘要
金融市场发展的差异性可能会带来装备制造业的地域发展不平衡。基于全国的省级层面、东部区域层面及辽宁省层面的数据,采用EViews实证分析探讨不同层面金融市场发展的差异性对装备制造业发展的影响。研究结果表明:银行信贷的发展并未有效促进全国、东部区域及辽宁省装备制造产业的成长。债券市场的发展有效识别全国、东部区域和辽宁省层面装备制造业的生产能力与价值创造能力之间的区别,具有市场有效性。股票市场的发展对于全国层面装备制造业的发展起到有效的支持作用,而对东部区域及辽宁省层面支持作用并不显著。影响GDP增速的宏观非金融因素在全国层面及东部区域装备制造业的发展中起到主要作用,但对辽宁省装备制造业发展无显著影响。研究结果为促进全国、东部区域及辽宁省层面装备制造业发展提供借鉴。
The heterogeneity in the development of the financial markets may lead to the imbalanced regional development of the equipment manufacturing industry.Based on data from the national,regional,and provincial levels of Liaoning Province,this paper employs EViews for empirical analysis to explore the impact of heterogeneous development of financial markets on the development of the equipment manufacturing industry.The study finds that the development of bank credit has not effectively promote the growth of the equipment manufacturing industry at the national,regional,and provincial levels.The development of the bond market effectively identifies the differences between production capacity and value creation capacity of the equipment manufacturing industry at these levels,demonstrating market efficiency.The development of the stock market effectively supports the development of equipment manufacturing industry at the national level,while its support is not significant at the regional and provincial levels.The macro non-financial factors affect GDP growth play a major role in the development of the equipment manufacturing industry at the national and regional levels,but have no significant impact on the development of the industry in Liaoning Province.The research results provide reference for promoting the development of the equipment manufacturing industry at the national,regional,and provincial levels.
作者
谭小芳
刘国捷
TAN Xiaofang;LIU Guojie(School of Shipping Economics and Management,Dalian Maritime University,Dalian Liaoning 116026,China)
出处
《大连民族大学学报》
CAS
2024年第2期119-127,共9页
Journal of Dalian Minzu University
基金
辽宁省社会科学规划基金项目“构建双循环新发展格局下辽宁装备制造业产融结合新生态研究”(L20BJY048)阶段性成果。
关键词
金融市场发展
辽宁省
装备制造业
发展不平衡
financial market development
Liaoning province
equipment manufacturing industry
development imbalance
