Endogenous Financing,Exogenous Financing and Economy Growth

Journal of Shanghai Jiaotong University(2001)

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摘要
The existence necessity of endogenous financing is described by discussing the formation and transformation of endogenous financing and exogenous financing.It is demonstrted that the endogenous financing capacity improvement is one of the premises to realize the exogenous financing. According to the efficiency principle,the expansion of exogenous financing not only is an effective way to enhance the endogenous financing ability of economy unit,but also play a positive rule in increasing the social production.This article is directive for China enterprises to enhance the internal capital accumulation and positively adopt the external capital.
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