FDI、金融发展与经济增长——一个分析框架及基于中国数据的经验检验

厂商间的联系效应是FDI推动经济增长的重要途径,东道国金融发展水平越高,联系效应就越明显,经济增长就越快.通过经验检验,本文没有发现中国金融发展与FDI的结合显著地促进了联系效应的发挥,究其原因,主要在于中国金融发展的低水平.因此,推进中国金融制度变迁,实现金融市场化与自由化,提升金融发展水平,是强化联系效应、促进经济增长的重要选择.

FDI, Financial Growth and Economic Development

The linkaging effect is an important way through which FDI can accelerate economic growth.There are many factors to affect the linkaging effects.Through theoretical analysis,the article indicates that the more advanced the level of financial development in hosting country,the stronger the linkaging effects,the faster economic growth.Through empirical test,there is no indication that there exits the strong linkaging effects in China;The result can be owing to the lower level of financial development in China.Therefore,it is a necessary choice for China to reforming the financial system,realize the marketization and liberalization of finance in order to enhances linkaging effects and accelerate economic growth.