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本文利用1978~2011年的时间序列数据,在理论模型的基础上对我国金融发展与经济增长之间的关系进行了实证检验。实证分析结果表明,金融发展与经济增长之间存在稳定的长期均衡关系,而且二者相互促进、互为因果。因此,为保持我国经济的长期稳定增长,通过进一步的金融改革来打破金融垄断和促进金融竞争以提高金融发展水平就成为未来重要的政策选择。
Based on the theoretical model, this paper uses the time series data from 1978 to 2011 to test the relationship between the financial development and economic growth in our country. The empirical analysis shows that there is a stable long-term equilibrium relationship between financial development and economic growth, and the two promote each other and each other cause and effect. Therefore, in order to maintain long-term and steady economic growth in our country, it will become an important policy choice in the future to break the financial monopoly through further financial reforms and to promote financial competition so as to raise the level of financial development.