摘要
现代金融发展理论的主流观点是金融发展对经济增长意义重大。按照这种理论逻辑,西部地区金融非均衡发展应该会产生显著的经济后果。本文以金融发展为视角,着力探讨金融发展对西部地区城乡收入差距产生的影响。实证结果表明:西部地区的金融发展与城乡收入差距之间存在着一种长期均衡关系;从格兰杰因果检验和方差分析也同样可以看出,从1990年至今,西部地区金融发展一定程度上扩大了城乡差距,但城乡收入差距的扩大不是西部地区金融发展规模的格兰杰因果原因。本文的政策含义在于从解决金融发展非均衡问题上着手来缩小西部城乡收入差距是具有现实意义的。
The mainstream point of view of modern financial development theory is that the financial development has enormous significance for economic growth. According to this theory, the non-balanced development of western China's finance will result in a remarkable economic consequence. From the perspective of financial development, this paper is focused on the impact of the financial development on the rural-urban income gap .in western China. The empirical results show that there is a long-rnn equilibrium relationship between the financial development and the rural-urban income gap in western China. According to the Granger causality test and variance analysis, since 1990, the financial development in western China has expanded the rural-urban income gap to some extent, but the expansion of the rural-urban income gap is not the Grander causal reason for the scale of financial development in western China. The policy implication of the paper is that it is of practical significance to narrow the urban-rural income gap in western China by solving the non-balanced issue of financial development.
出处
《金融论坛》
CSSCI
北大核心
2009年第11期55-59,共5页
Finance Forum
关键词
金融发展
城乡收入差距
协整
误差修正模型
financial development
urban-rnral income gap
cointegration
vector error correction model