技术创新、金融发展与经济增长关系研究

利用中国省级面板数据,建立VAR模型来分析技术创新、金融发展与经济增长的关系。经过实证研究得出结论:金融发展和技术创新的提升都是经济增长的主要原因和促进因素,其中金融发展的影响比技术创新更加明显,而且在金融发展方面主要影响因素来源于金融发展结构而非金融规模;经济增长是金融发展从量向质转变的主要原因和因素;经济增长与技术创新存在长期稳定的均衡关系。

Study on relationship between technical innovation,financial development and economic growth: VAR model based on provincial panel data

By using the provincial panel data of China, a VAR model is established to analyze the relationship among technical innovation, financial development and economic growth. Conclusions are drawn through empirical study. The promotion of financial development and technological innovation are the main causes and promoting factors of economic growth, in which the impact of financial development is more significant than technological innovation. In the aspect of financial development, the main factors are the structure of financial development, not the financial scale. The economic growth is the main cause for the transformation of financial development from quantity to quality. And there is a long-term stable equilibrium relationship between economic growth and technological innovation.