Dynamic Analysis To Endogenous Economic Growth Model Of Financial Section

Economic growth is the premise condition of social development and politics stabilize.Probing wellhead of economic growth and adopting measure to release productivity is the problem that the theory boundary always shows solicitude for.The finance is the core and key position that modern economy runs.In recent years,it has been drawn more and more attention about that the study to the effect of financial development to economic growth.In this paper,we establish an endogenous economic growth model including finance sector.We get finance sector endogenous and discuss the interactional relation between financial development and economic growth.And we introduce endogenous population growth factor,discussing the effect that population growth to the finance development and the intrinsic function mechanism between the both and economic growth.The main content is depicted as follows:In the first and the second chapters,we introduce the background and current situation of financial development and economic growth and the related concept of them simply,which constitute the basis of this theory.In the third chapter,we establish an economic growth model about finance sector.By the method of dynamic optimization,we get the two dimensions dynamic system,and make dynamics analysis to get the condition where the system is stable.And we analyze the stability of this system.Then we introduce deposit-investment change proportion evolution equation to discuss impact of some elements over economic growth rate and analyze intrinsic function mechanism between financial development and economic growth.In the fourth chapter,through connecting the financial development with the output,individual utility is decided by the three factors: consumption goods,population growth rate and financial development condition.The model of endogenous population growth is established, and the equilibrium analysis is made by the method of dynamic optimization,discussing the impact of population growth rate over deposit-investment conversion rate.And we discuss the impact of some economy variable over steady state growth rate by the method of comparative static analysis.Finally,we analyze the stability of this model.