摘要
本文基于内生经济增长的基本原理,通过引入金融行业的信用放大机制,推导了存在金融中介的情况下经济增长的均衡路径,刻画了经济增长、金融发展与资本投入之间的互动关系,研究表明,在稳态经济增长中,金融发展具有正向的作用,在非稳态经济增长中,只有保持适度的增量资本投入,金融发展对经济增长才具有推动作用。
By means of the principle of endogenous economy growth, the paper deduces equilibrium path of the economic growth when considering the financial intermedium and depicts the interaction among the economic growth, financial development and capital investment. The paper points out that financial development has a positive promotion to economic growth during steady state growth and has a positive influence during non steady state only when maintaining enough capital increase.
出处
《管理工程学报》
CSSCI
北大核心
2009年第3期6-11,共6页
Journal of Industrial Engineering and Engineering Management
基金
中国国家留学基金资助项目(2006102309)
中国博士后基金资助项目(20070410209)
关键词
经济增长
金融发展
面板数据
economic growth
financial development
panel data