我国金融发展、经济增长与城市化关系研究

Research on Relationships Between Finance Development, Economic Growth and Urbanization in China

从信贷市场和股票市场两方面选取反映我国金融发展的相关指标,分别利用1978—2010年和1993—2010年两个样本对我国金融发展和经济增长与城市化的关系做了基于交叉乘积项的两类回归检验。结果表明,经济增长对城市化有促进作用,而金融发展对城市化的作用尚未有效显现。由于"金融发展门槛"的限制,城市化获益于经济增长的程度受到一定的抑制。

In views of credit market and stock market,some correlation indices reflecting Chinese financial development are extracted.Two kinds of regression tests based on cross prduct term and data from two samples of 1978 to 2010 and 1993 to 2010 are performed to analyze relationships between Chinese finance development,economic growth and urbanization.Results show that economic growth can promote urbanization,but the facilitation of finance development on urbanization is not effective revealed.Due to the limit of financial development threshold,the degree of urbanization benefit from economic from economic growth is restrained.