中国金融发展与工业增长的关系

Correlation between Financial Development and Industrial Growth in China

对涉及金融发展和经济增长关系的现代金融发展理论作一个概括的介绍 ,并以对基本的金融理论中金融发展与经济增长关系的理论思想的认识为出发点 ,通过对涵盖改革开放 2 0年来的相关经济统计数据的数理分析。在动态两部门的框架下 ,用似不太相关回归方法 ,金融部门和工业部门的外部性时间序列表明在中国经济中更多的是金融发展带动工业增长。实证研究中国的金融发展与工业增长的因果关系 。

A brief introduction of literature on the nexus of financial development and growth in the economy is given first. In the light of traditional thinking over the nexus of financial development and growth, an empirical analysis,by the method of SURE in the framework of two sector model, of the causality of China financial development and industrial growth is carried out covering the relative data since the adoption of reform and open policy.The externalities of finance over industry and industry over tinance show that the supply leading version is prevalent in the chines economy. Finally the policy implication is suggested.