福建省信贷投放与经济增长关系分析——一个货币非中性论的区域检验

The Relationship between the Credit Provision and Economic Growth in Fujian Province——A Regional Test of the Non-neutrality

运用描述性统计方法和计量分析工具,对福建省信贷投放与经济增长变量进行实证分析,检验货币非中性理论在该区域中的适用性。福建省信贷投放与经济增长之间存在双向的格兰杰因果关系,金融发展和经济增长在福建区域经济中是相互推动、相互促进的。根据检验结果并结合福建实际,可以从金融机构和政府角度,尝试探索实现福建金融和经济共赢的对策。

Using descriptive statistics and econometric analysis tools, the paper conducts empirical analysis between the credit provision and economic growth in Fujian in order to test the applicability of the non-neutral theory in the area. The resuits show a two-way Granger causality between the credit provision and economic growth in Fujian, which the relationship between them is mutual promotion in Fujian regional development. Finally, according to the results and the actual situation of Fujian, the paper puts forwards measures to achieve the financial and economic win-win situation from the angles of financial institutions and the government.