西部金融发展与经济增长关系的实证分析

An Empirical Study on the Relation between Financial Development and Economic Growth of in Western Provinces

本文基于1997—2006年西部地区十二个省份的金融发展规模、金融结构、金融效率的面板数据,从金融发展的分析框架、金融发展定义入手,构建个体固定效应面板数据模型。通过单位根检验、协整检验和多元回归分析得出结论:西部金融规模扩张阻碍西部经济增长,而西部金融结构优化、效率提升有助于促进经济增长,并且西部金融效率提升比金融结构优化更能推动西部经济增长。

Based on the panel data of the financial development scale, finance structure and financial efficiency from 1997 to 2006 in twelve western provinces, this paper constructs the panel data model of individual fixed effects. Through the multiple regression analysis, the unit root test and co-integration test, the conclusion drawn is that the expansion of financial scale cannot promote economic growth. However, financial efficiency and financial structure can help economic growth. The former is more helpful in promoting the growth of regional economy.