摘要
根据黑龙江省的实际情况,基于金融结构理论,建立多元回归分析模型,并利用VAR因果关系检验分析了黑龙江金融发展与经济增长之间的关系。结论表明:黑龙江省金融深化程度与经济增长之间存在显著的正向相关关系,且二者存在双向的格兰杰因果关系;证券市场与经济增长存在正相关,但统计意义不显著;金融中介对私人经济部门的贷款效率对经济增长产生消极影响,且二者之间并不存在显著的格兰杰因果关系。总体而言,黑龙江省金融发展对经济增长的解释力度较强。
This paper explores the relationship between financial development and growth in a multiple regression and VAR causality framework, and analysis the actual situation of Heilongjiang Province based on the theory of financial structure. The results indicate that financial deepening is to a significant positive related to growth, and two - way Granger causality. The stock market has a positive correlation with growth, yet statistically non - significant. The efficiency of private credit from banks is to a negative related to growth, and has no significant Granger causality. Generally, financial development in Heilongjiang is to a significant extent related to growth.
出处
《哈尔滨商业大学学报（社会科学版）》
CSSCI
2012年第1期89-94,共6页
Journal of Harbin University of Commerce:Social Science Edition
基金
黑龙江省自然科学基金项目(G0324)
关键词
金融发展
经济增长
VAR模型
financial development
economic growth
VAR model
