信贷发展、资本积累与内生经济增长

发布时间：2018-04-24 01:38

本文选题：信贷市场 + 经济增长　；参考：《首都经济贸易大学》2005年硕士论文

【摘要】：本文在内生经济增长模型的分析框架下重新研究信贷市场的发展与经济增长的关系。与现有文献不同,本文不仅在企业家市场上考虑信贷市场的发展而且把消费者信贷市场也加进本文的分析框架中。两种信贷市场之间相互依赖相互作用,消费者信贷市场与企业家信贷市场的相互作用对经济增长具有非常重要的关系。通过用甄别成本的降低来代表信贷市场的发展,我们主要研究了消费者与企业家的均衡合约之间的相互依赖和经济增长的关系。我们发现信贷市场的发展与经济增长的关系是不明确的。具体而言,在信贷市场发展的某些阶段经济增长是随着信贷市场的发展而降低的。而且,在某些情况下企业家信贷市场的发展对企业家市场的信贷条件和经济增长率都没有影响但影响消费者市场的信贷条件。这个模型从经验上看也是很有意义的,因为它可以解释为什么信贷市场的发展对经济增长的影响在高收入国家和中低收入国家不同。最后我们对信贷市场的发展与经济增长的关系进行实证分析。通过研究我们发现在信贷市场的发展与经济增长的关系中存在一个转折点。具体来说就是在信贷市场欠发达的国家中信贷市场的发展与经济增长是正相关的而在信贷市场较发达的国家信贷市场的发展与经济增长是负相关的。这个结果很好的支持了我们理论模型中得出的结论。
[Abstract]:This paper restudies the relationship between the development of credit market and economic growth under the framework of endogenous economic growth model. Different from the existing literature, this paper not only considers the development of the credit market in the entrepreneur market, but also adds the consumer credit market to the analytical framework of this paper. The two kinds of credit market depend on each other, and the interaction between consumer credit market and entrepreneur credit market is very important to economic growth. By using the reduction of screening cost to represent the development of credit market, we mainly study the relationship between consumer and entrepreneur's equilibrium contract and economic growth. We find that the relationship between the development of credit market and economic growth is unclear. Specifically, in some stages of the development of credit markets, economic growth is reduced with the development of credit markets. Moreover, in some cases, the development of entrepreneur credit market has no effect on the credit condition and economic growth rate of entrepreneur market, but affects the credit condition of consumer market. This model also makes sense empirically because it explains why the impact of credit market development on economic growth is different in high-income countries and low- and middle-income countries. Finally, we analyze the relationship between the development of credit market and economic growth. We find that there is a turning point in the relationship between the development of credit market and economic growth. Specifically, the development of credit market is positively related to economic growth in the underdeveloped countries, while the development of credit market is negatively related to economic growth in the more developed countries. This result well supports the conclusion of our theoretical model.
【学位授予单位】：首都经济贸易大学
【学位级别】：硕士
【学位授予年份】：2005
【分类号】：F061.2

【引证文献】