我国金融发展与二元经济结构内在关系实证分析

Empirical Study of Relationship between Financial Development and Dual-economic Structure in China

本文对我国上个世纪90年代以来金融发展与二元经济结构的内在关系进行实证分析。分析结果表明,我国金融发展对二元经济结构的转换有显著的影响。其中贷款相关比率越大,二元经济结构性状越强；非国家金融机构的作用越大,二元经济结构性状越弱。为了改变我国的二元经济结构,不能单纯追求金融规模的扩展,应注重调整金融的财政性功能,以引导金融剩余的合理流动；要大力发展非国家金融机构,特别是要大力发展地方中小金融机构。

This paper makes empirical analysis to the internal relationship between financial development and dud-economic structure of China since 1990＇s. We find that financial development has remarkable influence on dual-economic transition. The larger the financial scale of nation is, the more obvious the character of dual-economic structure is; the more important the non-state-owned financial institution is, the less obvious the character of dual-economic structure is. To transform the dual-economic structure of our country, we should not only pursue the scale of financial system, but also adjust the fiscal function of financial system to introduce reasonable flow of financial surplus. Meanwhile, we should energetically develop non-state-owned financial institutions, especially local small ＆ medial size financial institutions.