Empirical Analysis on the Relationship between Financial Development and Economic Growth of Shandong Province

摘要：

This paper adopts the related financial data of Shandong Province from 1997 to 2009, and applies the Granger Causality Test to the empirical analysis on relationship between Shandong financial development and economic growth, which is on the base of Unit Root Test and Co-integration Test. The final result of this research manifest that the financial development has apparent Granger Causality relationship with economic growth, but the effect of different financial index on economic growth are different. Finally, this paper proposes effective policy recommendation on the development of financial sector in Shandong.

关键词： Financial Development Economic Growth Granger Causality Test

作者: ZHANG Qingshuai CHEN Lixin

作者单位: LiaoNing Technical Univercity, Huludao, P.R.China 125105

会议类型: 国际会议

会议名称: The 5th International Conference on Product Innovation Management(第五届产品创新管理国际会议 ICPIM 2010)

会议地点: 武汉

会议语种:英文

页码: 410-414

在线出版日期: 2010-07-10（万方平台首次上网日期，不代表论文的发表时间）