长期资金市场对能源强度的影响研究——基于中国省际面板数据的实证分析

依据中国30个省（市）自治区1998~2013年面板数据，考量长期资金市场对能源强度的影响。结果表明,长期资金市场发展对东部地区能源强度下降影响较大，产业结构升级、人均GDP提高均有利于各地区能源强度下降，技术进步、对外贸易度对各地区能源强度的影响呈现出分化态势。鉴此,应充分发挥长期资金市场优势、促进产业结构升级、重视研发投入产出技术成果转化等，多渠道降低能源强度。

A Study of the Long Capital Market on Energy Intensity: An Empirical Analysis Based on Provincial Panel Data in China

Using the panel data of China''s 30 province(city) autonomous region from 1998 to 2013 to study the long capital market on energy intensity.The empirical research shows that capital market development can reduce energy intensity larger in eastern region, the upgrading of the industrial structure and per capita GDP increased can both reduce energy intensity in all the regions, technological advancement and import and export trade show differentiation trend in reducing energy intensity in all the regions. According to the findings, we put forward that taking advantage of the capital market, promoting the upgrade of industrial structure, paying more attention to put the results of study into practice would help reduce energy intensity.