地方中小金融机构支持县域经济发展的实证分析--以湖南省望城县为例

Significance of Local Financial Institution to the Economic Development of County Region:Evidence from Wangcheng County

以湖南省望城县为例,首先利用格兰杰因果检验方法,从产业的角度分析地方中小金融机构对县域经济的支持作用;然后,在对柯布-道格拉斯生产函数模型作合理拓展的基础上,将金融要素引入到该模型中,测算金融要素对地方经济增长的贡献。实证分析结果表明,中小金融机构对县域经济具有重要的推动作用。

Taking wangcheng county＇s industrial development as an example,the supporting effects from local small and medium financial institutions to county economic growth have been researched by Granger causality test.By developing a Cobb-Douglas production function model with financial factors,the contribution to economic growth has been calculated.The results show that the local small and medium financial institutions have played an important supporting role to county＇s economic growth.