关键词: 地方政府融资平台 , 商业银行 , 双冲动 , 信贷加速器效应 

Abstract: This paper discussed local government financing platform in the framework of the dual impulse of local governments and commercial banks. Considering the large debts and financial risk in the local government,and the close connection between financing platform with the credit market and the real estate market, the concept of financial accelerator was introduced in the analysis. This paper concluded that the dual impulse underlocal governments and commercial banks actually had a credit accelerator effect, which might lead to uncontrollable risk.

Key words: local government financing platform , commercial bank , dual impulse , credit accelerator effect