摘要
资本市场与经济增长的关系是一个受到广泛争论的问题。从理论上分析 ,资本市场的发展会导致包括消费需求在内的总需求的变化 ,进而作用于经济增长 ,这种传导过程称为资本市场作用于经济增长的消费需求机制。实证分析的结果表明 ,迄今为止 ,我国资本市场的发展对消费需求的刺激 ,进而对经济增长的促进作用是十分有限的。对这种机制在我国受阻的原因和障碍进行分析 ,有助于我们找出改进和完善我国资本市场以更好地刺激消费需求、促进经济增长的对策。
The relation between capital market and economic growth has been a controversial issue. Theoretical analysis shows that the development of capital market leads to the change of the aggregate demand including the consumer demand, affecting economic growth. This transmission process is referred to as 'consumption mechanism of capital market on economic growth'. Empirical analysis in this paper indicates that the devotion of China's capital market on consumption and economic growth is limited and weak. Based on the above analysis, the author points out some factors that restrict China's capital market on consumption and economic growth, suggesting some countermeasures to improve and perfect China's capital market.
出处
《山西财经大学学报》
北大核心
2002年第5期10-13,共4页
Journal of Shanxi University of Finance and Economics
