金融发展、城镇化与贫困减缓——基于系统GMM的估计

Financial Development,Urbanization and Poverty Alleviation:Estimation with System GMM

采用1978-2010年中国省际面板数据,运用系统GMM估计对金融发展(金融规模和金融效率)、城镇化与贫困减缓的关系进行经验检验。研究结果表明:城镇化与贫困减缓均具有时间的积累和持续性;金融发展与城镇化、贫困减缓具有显著的正相关关系,随着经济的增长变化,金融发展能够显著提高城镇化进程,进而促进贫困减缓。与金融规模相比较,金融效率的城镇化和贫困减缓效应偏小。

This paper utilizes system GMM estimation to investigate the relationship between financial development（ financial development scale and efficiency）,urbanization and poverty alleviation with the panel data of China from 1978 to 2010. The results suggest that there is accumulation and sustain effect of time. And there is significantly positive correlation between financial development,urbanization and poverty alleviation. With the development of economy growth,financial development can improve urbanization positively,and then improve poverty alleviation. Compared with financial development scale,it is smaller in financial development efficiency effect on urbanization and poverty alleviation.