| 直接融资与经济增长关系的协整分析 |
| |
| 引用本文： | 李致平,田月红. 直接融资与经济增长关系的协整分析[J]. 安徽工业大学学报, 2007, 24(3): 341-344 |
| |
| 作者姓名： | 李致平 田月红 |
| |
| 作者单位： | 安徽工业大学,经济学院,安徽马,鞍山,243002;安徽工业大学,经济学院,安徽马,鞍山,243002 |
| |
| 摘 要： | 通过协整检验和误差修正模型,利用1986～2004年间的年度数据,对我国资本市场直接融资规模与经济增长关系进行实证分析.结果表明:直接融资与GDP之间存在长、短期稳定的正向关系.通过Granger因果关系检验,发现资本市场直接融资是我国经济增长的Granger原因,反之却不成立.
|
| 关 键 词： | 经济增长 直接融资 ADF检验 协整 Granger因果关系 |
| 文章编号： | 1671-7872（2007）03-0341-04 |
| 收稿时间： | 2006-10-26 |
| 修稿时间： | 2006-10-26 |
Analysis of Co-integration on the Relationship between the Direct Financing and the Economical Development |
| |
| LI Zhi-ping,TIAN Yue-hong. Analysis of Co-integration on the Relationship between the Direct Financing and the Economical Development[J]. Journal of Anhui University of Technology, 2007, 24(3): 341-344 |
| |
| Authors: | LI Zhi-ping TIAN Yue-hong |
| |
| Abstract: | The empirical analysis of the relationship between the direct financing in the capital market and the economical development in China was carried out with co-integration checking and error correction modal based on the annual data from 1986 to 2004.The results indicated that the long-/short-term and steady positive going relationship exited between the direct financing and GDP.Through Granger causality it's found that the direct financing promoted the economical development in China,but it's incorrect in the reverse. |
| |
| Keywords: | economical development direct financing ADF check co-integration Granger causality |
| 本文献已被 CNKI 维普 万方数据 等数据库收录！ |
