金融发展与经济增长互动机制初探

针对金融发展理论与实证研究的分歧,引出金融发展的度量问题。本文将分歧的产生归因于两点:一是对金融发展的度量常常局限于对金融中介的度量,而忽视金融市场;二是有关金融发展指标没有考虑金融风险因素。进一步从金融生态的角度,探讨金融发展与经济增长的互动关系,建立了分析金融发展与经济增长相互关系的指标体系。

Probing into financial development and economy growth interaction mechanism

The inconsistency of finance development theories and empirical researches,lead to the issue of how to measure finance development.This paper suggest the underlying faults are①usually,past studies constructed a better measure of financial intermediaries development than that of financial markets;②the indicators of financial development ignore the financial risks.Furthermore,from the view of financial ecology,it focuses on the interactive relation of finance development and economic development,and establishes indicators system.