金融发展对广东对外贸易的影响及区域差异——基于面板数据的协整分析和TSLS估计

基于面板数据的协整分析和二阶段最小二乘法估计,分析金融发展对广东以及珠三角、东西两翼与山区对外贸易的长期均衡和短期动态影响。实证结果表明,在长期、短期,金融发展对广东进出口贸易均表现出显著的促进作用;金融发展对广东进出口贸易的影响存在明显的区域差异,珠三角地区金融发展对进出口贸易的促进作用明显大于东西两翼和山区。

The Effect of Financial Development on Foreign Trade and Regional Difference in Guangdong: Cointegration Analysis and TSLS Based on Panel Data

According to cointegration analysis and TSLS based on panel data, the paper analyzes the long- run and short- term effects of financial development on foreign trade in Guangdong and its regions. The results show that financial development has a remarkable push effect on Guangdong's trade both in the long run and in the short term, but the effect is different in different areas, in which the push effect in Pearl River Delta is stronger than that in other areas. Based on the empirical conclusions, it puts for...