金融发展是贫困减缓的原因吗？--来自中国的证据

The Effect of Financial Development on the Poverty Alleviation:the Evidence from China

分别选取金融发展规模和金融发展效率作为金融发展指标,采用1978～2010年中国各省的面板数据检验金融发展对贫困减缓的作用。结论表明:金融发展可以通过经济增长、收入分配途径提高穷人的收入水平,但金融波动会抵消金融发展的减贫效果。同时由于金融服务成本等限制,金融发展减缓贫困的作用会出现先恶化后改善的效应。

This paper investigates the effect of financial development on the poverty alleviation using financial development scale and efficiency as financial development indicator with the panel data of China from 1978 to 2010. The results suggest that financial development can improve the poor income through the channel of eco- nomic growth and income distribution. However, financial instability will neutralize the poverty alleviation effect of financial development. And due to the financial services cost affording for the poor, the impact of financial development on poverty alleviation will be improved after deterioration firstly.