摘要
基于经济增长收敛理论,探讨资本流动对粤港澳区域金融发展收敛的促进作用,研究结果表明:改革开放以来,粤港澳区域金融发展呈现显著的σ收敛特征;资本边际收益递减规律作用下的资本流动是粤港澳区域金融发展收敛的重要实现机制。1986年～2009年,香港对广东资本净流入规模越大,粤港澳区域金融发展的σ收敛性越强。
Based on the convergence theory of economic development, the paper explores the effects of capital mobility on regional financial development convergence among Guangdong, Hong Kong and Macao The result shows that since the reform and opening-up, regional financial development demonstrates obvious feature of σ convergence among Guangdong, Hong Kong and Macao. The capital mobility under the law of capital＇ s diminishing marginal returns, is an important implementation mechanism, causing regional financial development convergence among Guangdong, Hong Kong and Macao. During the periods of the years 1986 2009, the greater the net inflow Hong Kong to Guangdong, the stronger theσ convergence of regional financial development among Guangdong, Hong Kong and Macao
出处
《广东商学院学报》
北大核心
2011年第2期54-61,共8页
Journal of Guangdong University of Business Studies
关键词
区域金融
资本流动
区域差异
Σ收敛
广东
香港
澳门
regional finance
capital mobility
regional disparity
σ convergence
Guangdong
Hong Kong
Macao
