Financial Deepening and Regional Economic Growth-Based on the Analysis of Chinas Inter-provincial Panel Data
Based on the theory of financial deepening, after analyzing the impact of financialdeepening on the regional economic growth, and using the panel data of Chinas 27 provinces from 1995to 2007 and STATA10.0 software, this paper has researched the effects of Chinas financial deepeningto the regional economic growth empirically. Results showed that the positive impact of financialdeepening on economic growth mainly reflected in the later period, the factors such as the capitalsecurities affect economic growth in the opposite direction insignificantly, which means that in the pastfew years, the development of Chinas stock market had limited the effects to the economic growth.
regional economic growth financial deepening panel data
LUO Dancheng ZHOU Juan
School of Economy,Shenyang University of Technology,P.R.China,110023;School of Economy and Managemen School of Economy and Management,Shenyang Agriculture University,P.R.China,110161
国际会议
The 5th International Annual Conference on WTO and Financial Engineering(第五届WTO与金融工程国际会议)
杭州
英文
243-246
2008-05-18(万方平台首次上网日期,不代表论文的发表时间)