农村金融发展、政府治理与收入不平等

The Empirical Research of Governance Role and Its Effects in the Development of Rural Financial

首先将农村金融发展分为金融深度、金融宽度以及金融广度三个维度,然后运用协整理论检验了变量之间的长期均衡关系,并通过误差修正模型(ECM)具体描述了这一关系,同时考察了变量之间短期波动的影响,最后通过Granger定理检验了变量之间在统计意义上的因果关系。研究发现,政府治理不仅不利于农村金融发展,而且扩大了居民之间的收入差异。在因果关系上,政府治理是农村金融发展的Granger原因,这表明政府在农村金融发展中起着关键作用。

In this paper,a theoretical analysis which studies the relationship among the development of rural finance,income differences and the governance bases on empirical research.This paper uses the co-integration theory to examine the long-run equilibrium relationship between variables,and describes this long-run relationship and short-term undulation with error correction model（ECM）.Finally,the authors test a causal relationship between variables in the statistical sense by the Granger Theorem.In conclusion,governance is not only detrimental to the development of rural finance,but also to expand the income disparities between residents for rent-seeking as well as the not perfect functioning of markets.