New Financial Kinetic Energy Boosts the Conversion of Old and New Kinetic Energy in Shandong: Existing Dilemma and Path Breakthrough
- 10.2991/aebmr.k.191225.056How to use a DOI?
- new financial kinetic energy, new and old kinetic energy conversion, VAR model
This paper constructs the new financial kinetic energy index and the multi-level and multi-dimensional new and old kinetic energy conversion indicators represented by inclusive finance and technology finance. Using vector autoregressive model quantitatively analyzes the correlation between the two aspects. The research finds: the current stage the new financial kinetic energy has a certain boosting effect on the conversion of old and new kinetic energy, but the impact mechanism is complicated. Based on this, this paper proposes an effective breakthrough path to foster financial kinetic energy and promote the transformation of old and new kinetic energy: improve financial service capability and the technology capital market, focus on cultivating multi-level and multi-dimensional financial kinetic energy.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Tiancheng Qi PY - 2020 DA - 2020/01/07 TI - New Financial Kinetic Energy Boosts the Conversion of Old and New Kinetic Energy in Shandong: Existing Dilemma and Path Breakthrough BT - Proceedings of the 5th International Conference on Economics, Management, Law and Education (EMLE 2019) PB - Atlantis Press SP - 319 EP - 324 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.191225.056 DO - 10.2991/aebmr.k.191225.056 ID - Qi2020 ER -