Bank Support and Industrial Structure Optimization of Guangdong---an Empirical Analysis Based on Simultaneous Equations Model
This paper investigates the relationship between bank support and industrial structure optimization of Guangdong with the means of simultaneous equations model and generalized method of moment. Empirical results show that the relationship between the proportion of the balance of loans of financial institutions accounted for the balance of the deposit and the industrial structure optimization of Guangdong exists a bi-directional interaction. Empirical results also show that there is a significant positive correlation between the proportion of the balance of loan of national banks accounted for the total loan of financial institutions and the index of industrial structure optimization, which means that national banks have played an important role in the industrial structure optimization of Guangdong. The previous rational industrial structure plays a catalytic role in current industrial structure optimization. We also find the ratio of the balance of deposit in financial institutions divided by GDP doesn’t have a significantly positive impact on industrial structure optimization. According to the empirical results we give some policy suggestions.
Bank Support Industrial Structure Optimization Simultaneous Equations Model Generalized Method of Moments Estimation
MA Hongjuan DU Jinmin
Economic College of Jinan University, Guangzhou, P.R.China, 510632
国际会议
2009 International Institute of Applied Statistics Studies(2009 国际应用统计学术研讨会)
青岛
英文
1-5
2009-07-25（万方平台首次上网日期，不代表论文的发表时间）