New Financial Kinetic Energy Boosts the Conversion of Old and New Kinetic Energy in Shandong: Existing Dilemma and Path Breakthrough

DOI

10.2991/aebmr.k.191225.056How to use a DOI?

Keywords

new financial kinetic energy, new and old kinetic energy conversion, VAR model

Abstract

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.

Copyright

© 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/).

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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  -