区域金融发展与经济增长关系的动态面板检验

Dynamic Panel Test of the Relation between Regional Finance Development and Economy Growth

中国区域金融发展与经济增长具有正向关系,金融发展有助于加快城乡居民收入增长。随着金融发展水平的提高,资本积累的速度会减缓,同时金融发展对全要素生产率提高有显著正面作用,这意味着金融发展有助于推动区域经济增长方式从粗放型要素投入向集约型技术水平提升转变。未来,努力提升中西部地区金融发展的水平,将有助于中西部地区长期经济增长,加快中西部地区追赶东部地区的步伐。在控制一些变量后,中国区域经济增长表现出了条件收敛的特征。

The relation between Chinese regional finance development and economy growth is positive.Finance development is helpful to the increasing of urban and rural residents＇ income.With the improvement of finance development standard,the speed of capital accumulation will slow down.Meanwhile,finance development has obvious positive effect on the improvement of total factors productivity,which means finance development is helpful to promote the transformation of regional economic increasing style from extensive factor input to intensive technology standard improvement promotion.In the future,making efforts to promote the finance development standard will be helpful to the long-term economic growth of middle and western areas and fasten their steps to catch up with eastern areas.After controlling some variables,Chinese regional economy growth shows the feature of conditional convergence.