中国金融发展与经济效率关系实证研究

Empirical Study on the Relation between Financial Development and Economic Efficiency in China

黄炳艺(Bing-Yi Huang) ； 曾五一(Wu-Yi Zeng)

《Journal of Data Analysis》 2卷4期 (2007/08) Pp. 95-108

https://doi.org/10.6338/JDA.200708_2(4).0007

摘要

目前金融发展理论的研究更多侧重于金融发展与经济增长关系的研究，而缺乏对金融发展与经济效率关系的考察。本文采用Geweke分解检验和回归分析对我国金融发展与经济效率的因果关系以及线性关系进行实证研究，以全面反映我国金融发展与经济效率的关系。

關鍵字

金融发展 ； 经济效率 ； Geweke分解检验

並列摘要

Most of the study on the financial development theory mainly focus on the relation between financial development and economic growth and neglect the relation between financial development and economic efficiency. To reflect the relation between financial development and economic efficiency in China wholly, this papers uses the Geweke decomposition test and regression technology to empirically study the causal and linear relation between financial development and economic efficiency.

並列關鍵字

Financial Development ； Economic Efficiency ； Geweke Decomposition Test

參考文獻

Agarwala, R. K.(1983).Price Distortion and Growth in Developing Countries.Washington DC:World Bank.

Arestis, P.,Demetriades, P.(1997).Financial development and economic growth: assessing the evidence.Economic Journal.1997(107),783-799.

Asian Development Bank(1985).Improving Domestic Resoure Mobilisation Through Financial Development.Manila:Asian Development Bank.

Calderón, César,Liu, Lin(2003).The direction of causality between financial development and economic growth.Journal of Development Economics.2003(72),321-334.

Demirgüç-Kunt, Asli,Levine, Ross(1996).Stock market development and financial intermediaries: stylised facts.World Bank Economic Review.1996(10),291-321.