摘要
应用多变量 (向量自回归 )方法 ,依据中国改革开放 2 0年来的相关宏观经济数据 ,其中包括宏观经济指标中的国内生产总值、国有及非国有部门年生产总值、固定资产投资额及金融发展指标中的金融相关率、实际利率等。对中国的金融发展与经济增长关系进行了实证分析 ,得出了中国的金融发展对GDP增长具有显著的促进作用。
This paper discusses the relationship between financial development and economic growth. Some essential Chinese macroeconomic datum during late twenty years which include Gross Domestic Product (GDP) of the whole economy,state and private sectors,investment in fixed Assets,financial relative rate and real interest rate estimated in a multivariate vector auto regression (VAR) framework. The estimates suggest that financial development boosts GDP growth, and it does not exist in reverse.
出处
《重庆大学学报(自然科学版)》
EI
CAS
CSCD
北大核心
2003年第2期136-140,共5页
Journal of Chongqing University