摘要
本文采用2012年1季度至2017年4季度的数据,使用因子分析构建了一个复合16项指标的普惠金融指数,系统性评估了铁岭市普惠金融状况,并基于VAR模型探讨了普惠金融指数与地区经济增长等宏观经济指标间的关系。结果表明:前期,普惠金融鼓励金融资源流向农村等金融资源匮乏、回报率不高的地区,且需要大量后续资源持续投入维持效果,一定程度上影响了经济投入的回报率。但长期来看,发展普惠金融有助于农村等金融资源匮乏、回报率不高的区域获得发展动力,进而改善经济表现,从整体上提高地区经济水平。
Based on the data from the first quarter of 2012 to the fourth quarter of 2017,this paper uses factor analysis to construct a inclusive financial index with 16 indicators,systematically evaluates the inclusive financial situation in Tieling City,and discusses the relationship between inclusive financial index and macroeconomic indicators such as regional economic growth based on VAR model.The results show that in the early stage,the inclusive finance encouraged financial resources to flow to areas where financial resources were scarce and the rate of return was not high,and a large amount of follow-up resources were needed to sustain the effect,which affected the rate of return of economic investment to some extent.However,in the long run,the development of inclusive finance will help rural areas and other regions with scarce financial resources and low returns to gain momentum for development,thus improving economic performance and improving the overall economic level of the region.
作者
马鹏飞
郭晶
Ma Pengfei;Guo Jing(Tieling Central Sub-branch,the People’s Bank of China)
出处
《金融发展评论》
2019年第11期89-102,共14页
Financial Development Review
关键词
普惠金融
经济增长
实证分析
Inclusive Finance
Economic Growth
Empirical Analysis
