摘要
本文在相关研究的基础上进行分析,探讨了金融发展与技术进步的内在关联机制,并采用Geweke分解检验和协整分析方法就金融发展与技术进步的因果关系以及动态演进进行实证检验。检验结果表明:金融发展与技术进步在长期中存在均衡关系,无论从长期还是短期上看,我国金融规模与技术进步正相关且两者之间具有双向因果关系,从反馈份额看,更多表现在金融规模对技术进步的因果关系,但金融效率与技术进步负相关且不存在任何因果关联。
Based on previous studies, this paper studies the endogenous mechanism of financial development and technological progress. It uses the Geweke decomposition test and cointegration technology to empirically study the causal and linear relation between the two variables. The outcome indicates that there exists long equilibrium relationship between the financial development and technological progress. No matter in the long term or in the short term, there is positive and causal relationship between the financial scale and technological progress, but between the financial efficiency and technological progress, there is negative and non-causal relationship.
出处
《管理评论》
2007年第5期3-8,20,共7页
Management Review
