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文章选取金融发展(金融中介率)和经济增长(GDP)的相关指标,选用1990-2012年统计数据,运用协整检验和格兰杰因果关系检验对金融发展和经济增长的关系进行了实证分析。结果表明:金融发展和经济增长之间存在长期均衡关系,金融发展是经济增长的原因,即金融发展促进了经济增长,经济增长对金融发展的促进作用则不显著。
The article chooses the relative indexes of financial development (financial intermediation rate) and economic growth (GDP), selects the statistical data from 1990 to 2012, and uses the cointegration test and Granger causality test to test the relationship between financial development and economic growth . The results show that there is a long-term equilibrium relationship between financial development and economic growth, and financial development is the reason for economic growth. That is, financial development promotes economic growth, and economic growth does not have a significant promoting effect on financial development.