中文摘要：

通过构建SVAR模型,研究了我国影子银行的发展对中小企业传统银行信贷影响的异质性。结果表明,我国影子银行的发展对中型企业的传统银行信贷具有＂补充＂效应,对小微企业的传统银行信贷具有＂替代＂效应。因此,应该削弱影子银行对传统银行体系的替代效应,发挥两者间的互补效应,以解决中小企业的融资难题。

英文摘要：

Explore the impact of the shadow banking on the bank credit by using a SVAR model,which draws a conclusion that the shadow banking system has been developed to play a＂supplementary＂role to the banking credit in meeting the financial needs of the medium-sized enterprises and play an ＂alternative＂role to the banking credit in meeting the financing demand of small and micro enterprises.Finally the suggestions are proposed on how to weaken the substitution effect and reinforce the complementary effect of the shadow banking on the bank credit,thus the financing problems of SME can be solved.