摘要
文章基于2000~2010年我国省级面板数据,在控制劳动、资本、对外开放等因素后,实证检验了金融发展对经济增长和实体经济的影响,发现:(1)金融发展对我国经济增长和实体经济发展的影响存在异质性,金融发展在促进经济增长的同时,却阻碍了实体经济的发展,即从实证的角度佐证了“金融发展阻碍了实体经济发展”命题;(2)分区域回归发现,金融发展对不同区域实体经济发展的影响存在差异,其中对西部地区实体经济发展的阻碍作用最大,其次是东部地区,对中部地区的阻碍作用最小。
The paper based on Chinese provincial panel data from 2000 -2010, empirically test the influence of financial development on economic growth and real economy by controlling the factors of labor, capital, opening to the outside and so on. The result shows that : ( 1 ) Financial development has heterogeneity effects on economic growth and real economy, financial development has positive effects on economic growth, meanwhile it hinders the development of real economy, and it proof the proposition "financial development hindering the development of real economy" ; ( 2 ) The regression analysis of different regions show that the effects of financial development on real economy have regional differences, namely ithas the biggest effect on the east region, the second is the western region, the last is the middle region.
出处
《上海经济研究》
CSSCI
北大核心
2013年第9期3-11,57,共10页
Shanghai Journal of Economics
基金
国家社会科学基金重点项目(09AZD047)
教育部人文社会科学基金青年项目(11YJC790011)
安徽省社科规划项目(AHSK11-12D03)
江苏省普通高校研究生科研创新计划项目(CXZZ12_0130)
关键词
金融发展
经济增长
实体经济
异质性
financial development
economic growth
real economy
heterogeneity