金融发展与经济增长关系的实证研究——以浙江省为例

Empirical Study on the Relationship between Financial Development and Economic Growth——A Study of Zhejiang Province

本文使用1978-2009年的时间序列数据,对浙江金融发展与经济增长之间的内在联系进行了深入分析。结果显示:(1)浙江省的金融发展与经济增长之间存在着长期稳定均衡关系;(2)浙江省经济快速增长是省内金融业快速发展的原因之一,而金融业的兴起反过来又促进了浙江省经济增长。最后,文章基于以上分析提出了五点相应的建议。

This article used the time-series data from 1978 to 2009 of Zhejiang province to make an empiri-cal analysis on the relationship between financial development and economic growth through unit root test,cointe-gration tests and Granger causality tests,The results showed that：（1）There are long-term stable equilibrium rela-tionship between financial development and economic growth in Zhejiang Province;（2）Rapidly economic growth is one of the reasons for the rapidly development of the financial industry,while the rise of the financial sector,in turns to promote economic growth in Zhejiang Province.Finally,this article put forward recommendations based on the above analysis.