中文摘要：

文章首次利用2008年3月至2017年4月的月度数据建立VAR模型和脉冲响应函数分析社会物流业发展对金融机构流动性的影响,实证结果表明社会物流业的发展增加了银行业金融机构的流动性,这有利于缓解银行业金融机构的流动性危机,并且脉冲响应函数表明该种作用是可持续的,即在长期内物流业的发展对于物流金融的发展都起着积极的推动作用。同时物流业的发展促进了国民经济的增长,是国民经济宏观调控的突破口。

英文摘要：

The article firstly used the monthly data from March, 2008 to April 2017 to establish the VAR model and do impulse response function to analysis the influence of thedevelopment of logistics industry in the society on the liquidi- ty of financial institutions. The empirical results show that the development of social logistics industry increased the liquidity of banking financial institutions, which is beneficial to ease the liquidity crisis of banking financial institutions, and the results of impulse response function shows that this kind of effect is sustainable, that is to say the dc, vclopment of the lo- gistics industry plays a positive role on promoting the devel- opment of the logistics financial in the long term. At the same time. the development of the logistics industry promotes the growth of the national economy, which is the breakthrough of the macro-control of the national economy.