开发性金融对经济增长影响的实证研究

Empirical Study of the Impact of Development Finance upon Economic Growth

开发性金融是介于政策性金融与商业性金融之间的重要金融形式,可以有效地促进经济增长。文章实证分析了开发性金融对我国经济增长影响的传导机制及区域差异,结果表明:我国开发性金融主要是通过拉动消费和投资促进经济增长,并且对消费的拉动作用要大于对投资的拉动作用;同时,开发性金融可以有效地促进区域经济增长,其中对东部地区经济增长的促进效果最大,对中部次之,对西部最小,但从长期看,开发性金融对区域经济增长的促进作用差异会缩小。

Development finance is an important financial form between policy finance and commercial finance,and can promote economic growth effectively.This paper empirically analyzes the impact mechanisms and regional differences of development finance on China＇s economic growth.The results showed that development finance mainly adopts pulling consumption and investment to promote economic growth,and stimulating effect on consumption is greater than the stimulating effect on investment.Meanwhile,development finance can effectively promote regional economic growth,where the effect of promoting economic growth is largest for the eastern region,followed by the central region,and it is the minimum for the western region,but in the long run,the differences of development finance promoting regional economic growth would get shrink.