我国农村金融发展与农村经济增长关系实证研究

An Empirical Study on the Relationship between Financial Development and Rural Economical Growth in China

基于VAR模型对中国改革开放以来农村经济增长与农村金融发展关系进行实证研究研究结果表明:农村金融发展在很大程度上促进了农村经济增长,农村经济增长却并没有对农村金融发展起到应有的作用,验证了我国农村金融市场还处于"供给引导"阶段。从农村金融发展规模、结构和效率三个方面提出了完善我国农村金融市场、促进农村经济快速增长的相关政策建议。

Using a VAR model, the present paper investigates the relationship between rural economical growth and financial development. Empirical results show that rural financial development has substantially promoted rural economic growth, not vice versa. This lends support to the view that rural financial market in China is in the supply-leading stage. Policy advice regarding how to improve China’s rural financial markets and promote rural economic growth is put forward in light of the scale, structure and efficiency of rural financial development.