Academic Journal
金融发展视角下台湾全要素生产率的增长源研究 ; A Study on the Growth Source of Total Factor Productivity in Taiwan from the Perspective of Financial Development
| العنوان: | 金融发展视角下台湾全要素生产率的增长源研究 ; A Study on the Growth Source of Total Factor Productivity in Taiwan from the Perspective of Financial Development |
|---|---|
| المؤلفون: | 黄燕萍, 刘榆 |
| سنة النشر: | 2017 |
| المجموعة: | Xiamen University Institutional Repository |
| مصطلحات موضوعية: | 金融发展, 全要素生产率, 台湾经济增长, 对中国大陆的启示, financial development, total factor productivity, Taiwan economic growth, inspiration for mainland China |
| الوصف: | 本文利用台湾1985—2014年的时序数据,借助Levine模型和扩展的Nelson-Phelps模型研究了金融发展对全要素生产率增长的效应。实证分析发现,台湾金融发展对全要素生产率增长的正效应具有滞后的特点,当期和上一期的金融发展都具有高度的显著性,但二者的作用方向相反——当期金融发展具有负效应,上一期金融发展具有正效应,正负作用抵消后的综合效应为正。这一发现对于中国大陆有两个重要的启示:一要缩短金融政策的市场时滞、提高政策发挥作用的时间效率;二要推行具有前瞻性的金融政策,减少因时滞而导致政策效果的弱化。只有这样才能有效提高全要素生产率,促进经济增长。 ; Based on the Taiwan 1985 to 2014 data, the Levine model and the extended Nelson-Phelps model, this paper makes a detailed study of the effect of the financial development on total factor productivity （TFP） growth. The empirical anal- ysis shows that the positive effect of Taiwan financial development on TFP growth has lagged, yet with highly significant finan- cial development in both the current period and last period. However, the role of the direction is opposite to each other in two periods--the negative effect in current period and the positive effect in last period, but the net effect is positive. The findings, in fact, offer two important inspirations for the mainland financial development： first, shortening the market time-lag effects and improving time efficiency of financial policy ; second, carrying out the forward-looking financial policy to reduce the weak- ening degree of the policy effect. Only in this way can the mainland improve the TFP and promote economic growth. ; 校长基金资助项目“两岸经济增长比较研究:人力资本分级、技术进步的视角”(20720151011)；福建省社会科学规划项目“台湾参与亚太区域经济合作的效应研究”(K34036)；教育部人文社会科学重点研究基地重大项目“新形势下两岸经济融合发展的动力机制研究”(16JJD790036)； |
| نوع الوثيقة: | article in journal/newspaper |
| اللغة: | Chinese |
| تدمد: | 1002-1590 |
| Relation: | 台湾研究集刊,2017,(20):38-46; https://dspace.xmu.edu.cn/handle/2288/163769 |
| DOI: | 10.14157/j.cnki.twrq.2017.02.006 |
| الاتاحة: | https://doi.org/10.14157/j.cnki.twrq.2017.02.006 https://dspace.xmu.edu.cn/handle/2288/163769 |
| رقم الانضمام: | edsbas.3C9AF42 |
| قاعدة البيانات: | BASE |
| تدمد: | 10021590 |
|---|---|
| DOI: | 10.14157/j.cnki.twrq.2017.02.006 |