理论普遍认为市场信心是驱动宏观经济的重要因素之一,即市场信心通过影响消费者以及投资者的预期,影响消费储蓄决策和投资决策,从而对宏观经济产生影响。本文将市场信心分解为投资者信心和消费者信心,以我国1999年第1季度至2012年第3季度的数据为例对市场信心和经济增长的关系进行实证检验和分析。 Theory generally holds that market confidence is one of the important factors driving macroeconomic. That is, market confidence affects macroeconomy by influencing consumers ’and investors’ expectations, influencing consumer saving and investment decisions. This paper divides the market confidence into the investor confidence and the consumer confidence. Taking the data from the first quarter of 1999 to the third quarter of 2012 as an example, this paper empirically tests and analyzes the relationship between market confidence and economic growth.