全要素生产率、创新及金融发展的关系研究

A Relationship Study of Total Factor Productivity,Innovation and Financial Development

全要素生产率作为一国经济可持续发展的核心,与之密切相关的是创新以及金融发展。通过对2002-2004年中国各地区全要素生产率与创新的多种衡量指标及金融发展之间的关系且从1992-2009年这一时间序列出发,研究全要素生产率与中国金融发展随时间变化的关系,揭示创新对全要素生产率有正效应,并且金融发展整体上也促进创新能力的提高。

Total Factor Productivity problem is the core issues of the study of Chinese economic sustainable growth. In this paper, use Cobb Douglas function to the estimate Total Factor Productivity. Also analyze the contribution of labor, capital and total factor on economic growth, and use re- gression analysis, scatter and unit root test methods on 2002 - 2004 China regions＇ total factor productivity and innovation various indicators to measure the relationship between development and finance; and from 1992 - 2009, the starting time series, the main research is on the changes of relationship between Total Factor Productivity and Chinese financial development over time. In the conclusion of this paper, innovation has obtained a positive effect on Total Factor Productivity, and financial development also contributed to improving the innovation ability.