The impact of social financing structures on different industry sectors: A new perspective based on time-varying and high-dimensional methods

The impact of social financing structures on different industry sectors: A new perspective based on time-varying and high-dimensional methods

With the continuous innovation of financial instruments, the financing structure presents a diversified development trend, and the proportion of direct financing in Aggregate Financing to the Real Economy (AFRE) has been increasing. We utilized monthly data from January 2002 to March 2023 to establi...

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Bibliographic Details
Main Authors: Xianghua Wu, Hongming Li, Yuanying Jiang
Format: Article
Language:English
Published: AIMS Press 2024-03-01
Series:AIMS Mathematics
Subjects:
financing structure
different industries
industry development
time-varying spillover index
large tvp-var framework
Online Access:https://www.aimspress.com/article/doi/10.3934/math.2024527?viewType=HTML

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https://www.aimspress.com/article/doi/10.3934/math.2024527?viewType=HTML

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