论金融发展与经济增长之关系  

The relationship between financial development and economic growth

作　　者：杨林[1] 颜金林[1] 陈芸[1] 

机构地区：[1]广州大学商学院,广东广州510006

出　　处：《广州大学学报（社会科学版）》2008年第10期54-58,共5页Journal of Guangzhou University:Social Science Edition

基　　金：广州市属高校科技;社科项目(课题编号:63022)

摘　　要：不同的国家和地区在不同的时期,金融发展与经济增长呈现出不同的关系。处于经济转轨期的金融经济究竟呈现何种关系,这对于制定金融经济发展战略来说尤其重要。文章通过利用Granger因果关系检验方法和VEC模型对广州的金融发展与经济增长进行了检验,发现广州的金融发展与经济增长呈现出双向的、正向的因果关系。但通过脉冲响应函数分析发现,相对来说,经济增长更有力地带动了金融发展。The relationship between financial development and economic growth varies in different regions and periods. In the economic transition period, the relationship betwwen finance and economy is very important to the formulation of financial and economic development strategy. In this research, by using Granger non-causality test and VEC model, we find that Guangzhou＇s financial development and economic growth show a two-way, positive causation. But through the Impulse Response analyses, we find that economic growth has given a more effective push to the financial development.

关 键 词：金融发展 经济增长 经济转轨 发展战略 

分 类 号：F83[经济管理—金融学]