摘要
金融发展是经济增长的内生要素,但经济如何反作用于金融的研究鲜有所见。通过构建多元回归模型,利用中国县域经济金融数据进行实证分析,结果显示:经济规模、产业结构、城镇化水平、金融生态以及金融集聚程度等是影响金融发展水平的重要因素;不同区域的哑元变量分析则进一步表明,地域经济增长的扩散回流效应和区域发展政策安排对金融发展的传导有一定的差异;同时,微观金融主体也受自身经营规模、效率和管理水平的影响。
Financial development is the endogenous element of economic growth.So far,there are very few studies on how and via which channels economic impacts finance.This paper constructs a multi-regression model on the effects of economy on finance in China,and conducts an empirical analysis using county data.The result indicates that the scale of economy,industrial structure,level of urbanization,financial ecology and level of finance agglomeration are the key factors influencing financial development.Further,by controlling dummy variables of different regions and local economic characteristics,this paper suggests that the diffusion and circumfluence effect of regional economic growth and regional development policy also influence the financial development.Besides,micro-finance entities are affected by their own operational scale,efficiency and management.
出处
《财贸研究》
CSSCI
2011年第2期107-112,共6页
Finance and Trade Research
关键词
经济增长
金融发展
影响机理
economic growth
financial development
influence mechanism
