中国区域金融发展与经济增长之间的关系研究——基于自回归分布滞后模型(ADL)的实证分析

A Study on the Relationship between Regional Financial Development and Economic Growth in China-An Empirical Analysis Based on Autoregressive Distribution Delay Model(ADL)

关于金融发展与经济增长的关系,长期以来一直受到学者们的关注。随着近年来国际资本市场的扩张和各国开放程度的增加,国际间金融发展和交流更加频繁,金融市场在经济增长过程中发挥的作用尤其引人注目,于是,有学者断言二者之间的正相关性是显而易见的川。其直接依据是,经济发达国家无一例外地拥有发达和完备的金融市场,而且经济越发达,金融市场的深度和广度也越高。

The relationship between financial development and economic growth has long been the concern of scholars. With the expansion of international capital market and the increase of internationalization in recent years,the international financial development and exchange are more frequent,and the role of financial market in the process of economic growth is particularly striking.Therefore,some scholars have concluded that Positive correlation is obvious to Sichuan. Its direct basis is that economically developed countries without exception,have developed and complete financial markets,and the more developed economy,the financial market,the higher the depth and breadth.