巴基斯坦金融发展与经济增长关系的实证研究

Empirical Study on the Relationship between Financial Development and Economic Growth of Pakistan

本文在简要总结前人研究成果的基础上,运用向量自回归模型考察金融结构及金融的广化和深化程度与经济增长之间的协整关系,并在存在协整关系的前提条件下,采用方差分解方法,判断巴基斯坦的金融发展与经济增长之间的长期关系。

With the vector auto-regression （VAR） model, this paper makes the judgments of the co-integration relationship between financial development and economic growth of Pakistan, based on briefly summing-up preparatory research achievement. It also adopts variance decomposition method on the precondition of the co-integration relationship, to find out the relationship between financial development and economic growth of Pakistan.