本文以Levine（1991）設計流動性與經濟成長的理論模型，為主要架構來分析，針對金融中介幫助流動性風險改善做一探討。實證對象為亞洲地區之台灣、南韓與菲律賓三國，實證方法採用傳統最小平方法與近代發展的共整合檢定法，檢測成長指標與流動性指標的關係，實證結果發現台灣地區大部分的成長指標與流動性指標之間為顯著正向的關係，而南韓只有一小部份的指標之間為正向的關係但檢定結果可能不顯著，菲律賓的情形也是有一小部份的指標之間為顯著正向的關係。所以本文的實證結果如同大部分的實證文獻所提，金融中介的發展對實質經濟成長有正的影響，但有可能因為解釋變數的選取、實證國家選擇的差異、樣本時間的長短與模型設定的不同，而導致不同的結果。

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