金融发展、财政扶持与收入贫困
|
摘要
采用全国22个省市、自治区(北京、天津、上海、河北、江苏、浙江、福建、山东、广东9个基本消除绝对贫困的省市、自治区除外) 2010～2016年的统计数据,实证分析了金融发展、财政扶持对收入贫困的影响。研究结论显示,金融发展与贫困发生率之间存在以人均GDP为门槛的非线性关系。当人均GDP较低时,金融发展速度同贫困减缓速度正相关;当人均GDP越过门槛值呈较高水平时,金融规模扩大速度同贫困减缓速度正相关,但水平低于人均GDP较低时;金融效率提升速度同贫困减缓速度负相关。从财政支持的角度来看,无论是在人均GDP较高的地区,还是在人均GDP较低的地区,财政投入对金融发展的减贫效果都有正向促进作用。
The paper empirically analyses the impact of financial development and financial support on income poverty by using the statistical data of 22 provinces(cities, autonomous regions) in China(except Beijing, Tianjin,Shanghai, Hebei, Jiangsu, Zhejiang, Fujian, Shandong and Guangdong) from 2010 to 2016. The research conclusion shows that there is a non-linear relationship between financial development and poverty incidence based on GDP per capita. When GDP per capita is low, the speed of financial development is positively correlated with the speed of poverty alleviation; when GDP per capita crosses the threshold at a higher level, the speed of financial scale expansion is positively correlated with the speed of poverty alleviation, but the level is lower than GDP per capita; the speed of financial efficiency improvement is negatively correlated with the speed of poverty alleviation. From the perspective of financial support, whether in areas with high per capita GDP or in areas with low per capita GDP, fiscal input has a positive effect on poverty reduction of financial development.
The paper empirically analyses the impact of financial development and financial support on income poverty by using the statistical data of 22 provinces(cities, autonomous regions) in China(except Beijing, Tianjin,Shanghai, Hebei, Jiangsu, Zhejiang, Fujian, Shandong and Guangdong) from 2010 to 2016. The research conclusion shows that there is a non-linear relationship between financial development and poverty incidence based on GDP per capita. When GDP per capita is low, the speed of financial development is positively correlated with the speed of poverty alleviation; when GDP per capita crosses the threshold at a higher level, the speed of financial scale expansion is positively correlated with the speed of poverty alleviation, but the level is lower than GDP per capita; the speed of financial efficiency improvement is negatively correlated with the speed of poverty alleviation. From the perspective of financial support, whether in areas with high per capita GDP or in areas with low per capita GDP, fiscal input has a positive effect on poverty reduction of financial development.
引文
[1]Burgess R,Panda.Do Rural Banks Matters Evidence from the India Social Banking Experiment[R].CMPO Working Paper,2003.
[2]Geda A.,Shimeles A.,Zerfu D..Finance and Poverty in Ethiopia[R].Research Paper No 51,United Nations University,2006.
[3]Felix,K.R.,Neven,T.V.Finance and the sources of growth at various stages of economic development[J].Economic Inquiry,2004,(1).
[4]谈儒勇.金融发展理论与我国金融发展[M].北京:中国经济出版社,2000.
[5]Banerjee A.V.,Newman A.F..Occupational Choice and the Process of Development[J].Journal of Political Economy,1993,(2):274-298.
[6]Galor,O.and Zeira,J.”Income Distribution and Macroeconomics,”Review of conomic Studies,1993,(60),pp.35-52.
[7]Rajan,R.G.,Zingales,L.The great reversals:the politics of financial development in the twentieth century[J].Journal of Financial Economics,2003,(69).
[8]Arestis,P.,Caner,A.Financial liberalization and poverty channels of influence[R].The levy Economics Institute of Bard College Working Paper,No.411,2004.
[9]Jeanneney S.G.and Kpodar K.”Financial development,Financial Instability and Poverty”,Working Paper,No.CSAE WPS/2005-2009.
[10]陈银娥,师文明.中国农村金融发展与贫困减少的经验[J].中国地质大学学报(社会科学版),2010,10(6):100-105.
[11]Greenwood J.and Jovanovich B.” Financial Development,Growth and the Distribution of Income,”Journal of Political Economy,1990,85(5),pp.1076-1107.
[12]Aghion P.and Bolton P.”A Trickle Down Theory of Growth and Development,” The Review of Economic Studies,1997,64(2),pp.151-172.
[13]Lloyd-Ellis H.and Bernhardt D.” Enterprise,Inequality and Economic Development”,Review of Economic Studies,2000,(67),pp.147-168.
[14]Townsend R.M.and Ueda K.”Financial Deepening,Inequality,and Growth:a Model-based Quantitative Evaluation”,IMF Working Papers,2003,No.03/193.
[15]Chakraborty,Shankha and Amartya L.” Costly Internediation and the Poverty of Nations”,International Economic Review,2007,(48),pp.155-183.
[16]崔艳娟,孙刚.金融发展是贫困减缓的原因吗?——来自中国的证据[J].金融研究,2012,(11):116-127.
[17]师荣蓉,徐璋勇,赵彦嘉.金融减贫的门槛效应及其实证检验——基于中国西部省际面板数据的研究[J].中国软科学,2013,(3):32-41.
[18]傅鹏,张鹏.农村金融发展减贫的门槛效应与区域差异——来自中国的经验数据[J].当代财经,2016,(6):55-64.
[19]毛捷,汪德华,白重恩.扶贫与地方政府公共支出——基于“八七扶贫攻坚计划”的经验研究[J].经济学(季刊),2012,(4):1365-1388.
[20]张川川, John Giles,赵耀辉.新型农村社会养老保险政策效果评估——收入、贫困、消费、主观福利和劳动供给[J].经济学(季刊),2015,(1):203-229.
[21]Darity W. A..Myers S.I.. Do Transfer Payments Keep the Poor in Poverty?[J],American Economic Review,1987,77(2),216-222.
[22]Blau D. M..Robins P.K.. Labor Supply Response to Welfare Programs:A Dynamic Analysis[J],Journal of Labor Economics,1986,4(1),82-104.
[23]Cebula R.J.,Coombs C.K.Recent Evidence on Factors Influencing the Female Labor Force Participation Rate[J].Journal of Labor Research,2008,29(3):272-284.
[24]刘穷志.转移支付激励与贫困减少——基于PSM技术的分析[J].中国软科学,2010,(9):8-15.
[25]Ravallion M.,Chen S.Benefit Incidence with Incentive Effects,Measurement Errors and Latent Heterogeneity:A Case Study for China[J].Journal of Public Economics,2015,p128,124-132.
[26]苏畅.“精准扶贫”中财政政策效应的实证分析——基于对贫困人口经济帮扶视角的研究[J].经济与管理评论,2018,(6):133-142.
[27]盛文霞,余家凤,易发云,徐辉.精准扶贫导向下财政支出增收效应分析——以湖北省恩施州为例[J].统计与决策,2017,(21):96-99.
[2]Geda A.,Shimeles A.,Zerfu D..Finance and Poverty in Ethiopia[R].Research Paper No 51,United Nations University,2006.
[3]Felix,K.R.,Neven,T.V.Finance and the sources of growth at various stages of economic development[J].Economic Inquiry,2004,(1).
[4]谈儒勇.金融发展理论与我国金融发展[M].北京:中国经济出版社,2000.
[5]Banerjee A.V.,Newman A.F..Occupational Choice and the Process of Development[J].Journal of Political Economy,1993,(2):274-298.
[6]Galor,O.and Zeira,J.”Income Distribution and Macroeconomics,”Review of conomic Studies,1993,(60),pp.35-52.
[7]Rajan,R.G.,Zingales,L.The great reversals:the politics of financial development in the twentieth century[J].Journal of Financial Economics,2003,(69).
[8]Arestis,P.,Caner,A.Financial liberalization and poverty channels of influence[R].The levy Economics Institute of Bard College Working Paper,No.411,2004.
[9]Jeanneney S.G.and Kpodar K.”Financial development,Financial Instability and Poverty”,Working Paper,No.CSAE WPS/2005-2009.
[10]陈银娥,师文明.中国农村金融发展与贫困减少的经验[J].中国地质大学学报(社会科学版),2010,10(6):100-105.
[11]Greenwood J.and Jovanovich B.” Financial Development,Growth and the Distribution of Income,”Journal of Political Economy,1990,85(5),pp.1076-1107.
[12]Aghion P.and Bolton P.”A Trickle Down Theory of Growth and Development,” The Review of Economic Studies,1997,64(2),pp.151-172.
[13]Lloyd-Ellis H.and Bernhardt D.” Enterprise,Inequality and Economic Development”,Review of Economic Studies,2000,(67),pp.147-168.
[14]Townsend R.M.and Ueda K.”Financial Deepening,Inequality,and Growth:a Model-based Quantitative Evaluation”,IMF Working Papers,2003,No.03/193.
[15]Chakraborty,Shankha and Amartya L.” Costly Internediation and the Poverty of Nations”,International Economic Review,2007,(48),pp.155-183.
[16]崔艳娟,孙刚.金融发展是贫困减缓的原因吗?——来自中国的证据[J].金融研究,2012,(11):116-127.
[17]师荣蓉,徐璋勇,赵彦嘉.金融减贫的门槛效应及其实证检验——基于中国西部省际面板数据的研究[J].中国软科学,2013,(3):32-41.
[18]傅鹏,张鹏.农村金融发展减贫的门槛效应与区域差异——来自中国的经验数据[J].当代财经,2016,(6):55-64.
[19]毛捷,汪德华,白重恩.扶贫与地方政府公共支出——基于“八七扶贫攻坚计划”的经验研究[J].经济学(季刊),2012,(4):1365-1388.
[20]张川川, John Giles,赵耀辉.新型农村社会养老保险政策效果评估——收入、贫困、消费、主观福利和劳动供给[J].经济学(季刊),2015,(1):203-229.
[21]Darity W. A..Myers S.I.. Do Transfer Payments Keep the Poor in Poverty?[J],American Economic Review,1987,77(2),216-222.
[22]Blau D. M..Robins P.K.. Labor Supply Response to Welfare Programs:A Dynamic Analysis[J],Journal of Labor Economics,1986,4(1),82-104.
[23]Cebula R.J.,Coombs C.K.Recent Evidence on Factors Influencing the Female Labor Force Participation Rate[J].Journal of Labor Research,2008,29(3):272-284.
[24]刘穷志.转移支付激励与贫困减少——基于PSM技术的分析[J].中国软科学,2010,(9):8-15.
[25]Ravallion M.,Chen S.Benefit Incidence with Incentive Effects,Measurement Errors and Latent Heterogeneity:A Case Study for China[J].Journal of Public Economics,2015,p128,124-132.
[26]苏畅.“精准扶贫”中财政政策效应的实证分析——基于对贫困人口经济帮扶视角的研究[J].经济与管理评论,2018,(6):133-142.
[27]盛文霞,余家凤,易发云,徐辉.精准扶贫导向下财政支出增收效应分析——以湖北省恩施州为例[J].统计与决策,2017,(21):96-99.
© 2004-2018 中国地质图书馆版权所有 京ICP备05064691号 京公网安备11010802017129号 地址：北京市海淀区学院路29号 邮编：100083 电话：办公室：(+86 10)66554848；文献借阅、咨询服务、科技查新：66554700 |