我国的金融开放与经济增长:1982—2014年——基于非线性STR模型实证分析

发布时间：2018-05-29 15:55

本文选题：金融开放 + 金融发展　；参考：《金融理论与实践》2017年04期

【摘要】：基于1982—2014年中国经济数据,引入了影响金融开放的关键因素金融发展,采用平滑转换回归模型分析了金融开放对经济增长的非线性增长效应关系。研究结果表明,金融开放对经济增长的影响会随着金融发展的程度不同呈现出非线性的转换现象,金融发展水平过高或者过低时,本期金融开放主要对经济增长呈现负效应,当金融发展水平同金融开放处于较合理区间时,本期金融开放对经济增长呈现正效应。因此,我们需要在保证经济稳定发展情况下,根据本国具体经济和金融的发展情况制定相应金融开放政策,形成面向国际市场,具有相互补充、分层有序的金融开放市场体系,从而使得金融开放对经济增长影响达到新的阶段。
[Abstract]:Based on the Chinese economic data from 1982 to 2014, this paper introduces the key factors of financial development, and analyzes the nonlinear growth effect of financial opening on economic growth by using smooth transformation regression model. The results show that the impact of financial opening on economic growth will show a nonlinear transition phenomenon with the degree of financial development. When the level of financial development is too high or too low, the current financial opening mainly has a negative effect on economic growth. When the level of financial development and financial opening are in a reasonable range, the current financial opening has a positive effect on economic growth. Therefore, we need to formulate corresponding financial opening policies according to the specific economic and financial development of our country under the condition of ensuring stable economic development, so as to form a financial opening market system that is oriented to the international market and has a complementary, layered and orderly financial opening market. Thus, the financial opening to the impact of economic growth reached a new stage.
【作者单位】：暨南大学经济学院;
【基金】：广东省软科学研究计划项目资助,项目编号:2016A070705028
【分类号】：F832;F125

【相似文献】