金融结构、政府干预与转变经济增长方式
阅读全文
下载全文 |
| Title | Financial Structure, Government Intervention, and Transformation of Economic Growth Pattern
|
| 作者 | 孙俊 于津平 |
| Author | Sun Jun and Yu Jinping |
| 作者单位 | 南京大学经济学院 |
| Organization | School of Economics, Nanjing University |
| 作者Email | ericsun326@gmail.com；yujp@nju.edu.cn |
| 中文关键词 | 金融结构 经济增长方式 政府干预 |
| Key Words | Financial Structure; Economic Growth Pattern; Government Intervention |
| 内容提要 | 加快中国经济增长方式转变刻不容缓。金融体制改革滞后是固化中国粗放式增长的主要原因。金融体制不完善既包括自身的结构性问题，也表现在政府对金融行为的过度干预。本文研究发现，非国有企业信贷配置是影响增长方式转变的关键因素，直接融资、银行垄断和政府干预虽不直接作用经济增长方式，但均会通过影响非国有企业信贷配置进而对经济增长方式产生间接影响。本文从金融结构的角度验证中国经济增长长期粗放的原因，并进一步探究了金融结构、政府干预对增长方式之间的作用机制，对于如何有效推进金融体制改革、推动金融支持增长方式转变具有重要启示意义。 |
| Abstract | To speed up the transformation of China's economic growth pattern admits of no delay. China's defective financial system, characterized by its malformed structure and undue government intervention, is considered as a major cause for the intractable extensive economic growth pattern. It finds that non state-owned enterprises' limited access to bank credits greatly retards the transformation of China's economic growth pattern, and that security financing, bank monopoly and government intervention also have significant influences on economic growth pattern by affecting non state-owned enterprises' access to bank credits. This paper provides an empirical evidence about the cause of China's intractable extensive economic growth pattern from the perspective of financial structure, and about interaction mechanisms between financial structure, government intervention, and economic growth pattern. These results present important policy implications on how to proceed with financial system reform and hence on how to promote the transformation of China's economic growth pattern. |
| 文章编号 | WP630 |
| 登载时间 | 2014-07-01 |
|