中文摘要：

现有我国金融发展与经济增长关系的研究大多基于线性框架，而相关实证研究发现，传统Granger因果检验方法可能因忽略变量间的非线性关系而导致结论出现显著偏差。采用新发展的非线性Granger因果检验方法-非参数T。检验方法，对我国金融发展与经济增长关系进行实证分析，结果表明，我国经济增长是金融发展的线性Granger原因，同时存在从金融发展到经济增长的非线性Granger因果关系，即两者互为因果关系。

英文摘要：

Present researches into the relationship between China＇ s financial development and economic growth are mainly based on the linear framework, however, the related empirical research finds that the traditional Granger causality test can result in flaws due to the neglect of nonlinear relation between variables. Applying the newlydeveloped nonlinear Granger causality test - non parameter T test, an empirical analysis is made on the relationship between China＇s financial development and economic growth. It is shown that China＇s economic growth results from the linear Granger of financial development and meanwhile, there is a nonlinear Granger causality from China＇s financial development to economic ~rowth, which means that the two reflect a two-way causality.