金融发展对经济增长影响的区域差异——基于变系数模型的实证研究

摘要

通过缩小研究对象的区域范围来控制地理因素对金融发展与经济增长间关系的影响,利用1994—2009年湖南省14个地区的数据研究金融发展对经济增长影响的地区差异。基于变系数模型检验、随机系数模型检验,选择似不相关回归方法进行实证分析。研究结果显示：湖南省14个地区的金融发展对当地经济增长的影响存在差异,多数地区的金融发展对其经济增长具有阻碍作用。%This paper controls the influences of geographical factors on the relationship between financial development and economic growth through narrowing the scope of research area. And it takes 14 regions of Hunan province as the research example,and uses the data of these re- gions from 1994 to 2009 to study the regional difference in the influence of financial development on economic growth. Based on the tests of vari- able coefficient model and random coefficient model,it uses the seemingly unrelated regression（SUR） to study empirically. The results show that there are the differences in the influences of financial development on economic growth in 14 regions, and the financial development in most of 14 regions have hindering effects on regional economic growth.