摘要
金融发展与经济增长之间的关系,历来是金融领域研究的重点,但却鲜有文献将金融结构、产业结构与经济增长三者结合起来进行研究。为此,本文基于我国东部10省市1998—2012年的数据,运用面板VAR分析了金融结构、产业结构与经济增长之间的关系,提出资本市场发展有助于推动经济增长,而信贷资金有助于推动产业结构升级,进而推动经济增长。因此,我国应在大力发展资本市场的同时,合理引导信贷资金流向,推动产业转型升级、促进经济增长。
The relationship between financial development and economic growth has always been the focus of fi- nancial research, but little literature conducts combined study on the relationship between financial structure, industri- al structure and economic growth. Therefore, this paper uses panel VAR to analyze the relationship between financial structure, industrial structure and economic growth, based on data of ten provinces and cities in eastern China from 1998 to 2012. The results show that the development of capital market is conducive to promoting economic growth, and credit funds is conducive to promoting the upgrading of industrial structure. Therefore, while taking efforts to de- velop the capital market, China should reasonably guide the flow of credit funds and promote the transformation and upgrading of industries and the economic growth.
出处
《金融发展研究》
2013年第9期20-25,共6页
Journal Of Financial Development Research
关键词
金融发展
金融结构
产业结构
经济增长
financial development, financial structure, industrial structure, economic growth, panel VAR
