长期资金市场对能源强度的影响研究——基于中国省际面板数据的实证分析

依据中国30个省(市)自治区1998~2013年面板数据，考量长期资金市场对能源强度的影响。结果表明，长期资金市场发展对东部地区能源强度下降影响较大，产业结构升级、人均 GDP 提高均有利于各地区能源强度下降，技术进步、对外贸易度对各地区能源强度的影响呈现出分化态势。鉴此，应充分发挥长期资金市场优势、促进产业结构升级、重视研发投入产出技术成果转化等，多渠道降低能源强度。

A Study of the Long Capital Market on Energy Intensity: An Empirical Analysis Based on Provincial Panel Data in China

Using the panel data of China's 30 province(city)autonomous region from 1 998 to 2013 to study the long capital market on energy intensity.The empirical research shows that cap-ital market development can reduce energy intensity larger in eastern region,the upgrading of the industrial structure and per capita GDP increased can both reduce energy intensity in all the re-gions,technological advancement and import and export trade show differentiation trend in reduc-ing energy intensity in all the regions.According to the findings,we put forward that taking ad-vantage of the capital market,promoting the upgrade of industrial structure,paying more atten-tion to put the results of study into practice would help reduce energy intensity.