摘要
运用中部地区1995~2008年的省际面板数据,通过双向固定效应模型,实证研究了工业增长对金融发展的影响。实证结果显示,以国有工业经济主导的工业化进程是实现经济赶超战略的有效措施,但是这种工业增长必然伴随于金融抑制政策。在先天发育不足的情况下,中部地区的金融发展不仅得不到实体经济的有力支持,反而因工业经济的发展滞后而阻碍了金融发展。
Using provincial panel data for central china during 1995-2008,this paper empirially investigates into the impact of industrial growth on regional financial development by two-way fixed effect model.The study shows that the process of industrialization dominated by state-owned industrial is one effective measure of realizing economic catch-up strategy,however,this kind of growth must be accompanied by policy of financial repression.In the case of congenital hypoplasia,the real economy don＇t support strongly for financial development in the central region,instead,and hinder financial development for its lagging development.
出处
《经济问题》
CSSCI
北大核心
2011年第8期104-107,共4页
On Economic Problems
关键词
中部地区
工业化
金融发展
central China
industrialization
financial development
