经济问题
經濟問題
경제문제
On Economic Problems
2014年
7期
41~47
,共null页
政府干预 金融规模 金融效率 经济增长
政府榦預 金融規模 金融效率 經濟增長
정부간예 금융규모 금융효솔 경제증장
government intervention ; finance scale; finance efficiency; economic growth
在金融市场不完善的情况下,政府通常通过金融规模和金融效率两个渠道,影响金融的资源配置功能,进而影响经济增长。基于1992~2010年中国分省面板数据,运用系统GMM方法实证检验政府干预下的金融对经济增长的影响。研究发现,金融规模不断扩张对经济增长具有不利影响,政府干预可以减少这种不利影响,金融效率的提高能促进经济增长,政府干预则阻碍了金融效率对经济的促进作用。
在金融市場不完善的情況下,政府通常通過金融規模和金融效率兩箇渠道,影響金融的資源配置功能,進而影響經濟增長。基于1992~2010年中國分省麵闆數據,運用繫統GMM方法實證檢驗政府榦預下的金融對經濟增長的影響。研究髮現,金融規模不斷擴張對經濟增長具有不利影響,政府榦預可以減少這種不利影響,金融效率的提高能促進經濟增長,政府榦預則阻礙瞭金融效率對經濟的促進作用。
재금융시장불완선적정황하,정부통상통과금융규모화금융효솔량개거도,영향금융적자원배치공능,진이영향경제증장。기우1992~2010년중국분성면판수거,운용계통GMM방법실증검험정부간예하적금융대경제증장적영향。연구발현,금융규모불단확장대경제증장구유불리영향,정부간예가이감소저충불리영향,금융효솔적제고능촉진경제증장,정부간예칙조애료금융효솔대경제적촉진작용。
When the finance market is imperfect, the government usually adjusts finance resource allocation and then controls economic growth by the two channels of finance scale and finance efficiency. From the perspective of micro -units, this paper based on the provincial panel data from 1992 to 2010, this paper uses the system GMM method to test the influence of finance to economic growth under government intervention. The research shows: the continuous expansion of finance scale has a negative impact on economic growth, and the government intervention to finance scale can reduce this adverse effect, the improvement of finance efficiency can boost the economic growth, however, the active effect of finance efficiency to economic growth would be inhibited by the government intervention to it.