摘要
基于内生增长理论,并结合中国经济增长的典型事例,本文确定了经济增长的影响因子,将其与金融深化的指标变量建立回归模型组,探讨了金融深化对经济增长的内生传导渠道。研究结果表明,资本存量、人力资本以及制度因素是中国金融深化与经济增长之间三条显著的内生传导渠道,资本积累是金融深化对中国经济增长最主要的传导渠道;技术进步并不是显著的影响渠道;同为金融深化作用于经济增长的传导主体,金融中介的作用明显要大于金融市场。
This thesis examines the transmission channels from financial development to economic growth. According to the reality of economic growth in China, the authors find out the factors that mainly cause China＇s economic growth, and then, build a regression models between those factors and variables of financial deepening to further analyze the internal relationship between financial deepening and economic growth. The results indicate that capital stock, human capital and institutional arrangement are three important transmission channels between financial development and economic growth. And also financial intermediation plays a more important role than the financial markets in the financial development.
出处
《金融研究》
CSSCI
北大核心
2008年第2期51-60,共10页
Journal of Financial Research
关键词
金融深化
经济增长
传导渠道
financial deepening
economic growth
transmission mechanism
