摘要
本文研究金融发展对经济增长的边际影响在时间上的变化。利用5个发达国家1961～2008年相关指标的面板数据,定量分析了金融发展对经济增长的影响。定量结果表明,金融发展对经济增长的边际影响呈现一定的周期性,并且金融制度的改革有助于提升金融推动经济增长的边际效率。
In this paper, time features of the marginal impact of the Financial development on economic growth is explored. Using 1961--2008 panel data of relevant indicators from five developed countries, empirical analysis of the impact of financial development on economic growth is made. Models fit the data well. Empirical analysis shows that the marginal impact of financial development on economic growth presents a certain periodicity, and the improvement of the financial system will help improve the marginal efficiency of the financial development promoting eco- nomic growth.
出处
《现代财经（天津财经大学学报）》
CSSCI
北大核心
2011年第1期72-77,共6页
Modern Finance and Economics：Journal of Tianjin University of Finance and Economics
基金
河北省软科学研究计划资助项目(09457202D)
关键词
金融发展
边际影响
面板数据
Financial Development
Marginal Impact
Panel Data
