Empirical study of the relationship between financial development and economic growth in Jiangxi Province

摘要：

Using the relative data of financial development and economic growth in Jiangxi Province from the year 1990 to 2009,this paper conducts an empirical study to explore the relationship between financial development and economic growth in Jiangxi Province by adopting the methods of unit root test, cointegration test and granger causality test. The results show that there is no causal relationship between financial development and economic growth, but the long-term equilibrium relationship exists between the financial intermediary efficiency indicators and economic growth. Jiangxi Province should improve the efficiency of the financial department by developing and deepening the regional finance,therefore,promote the economic growth of the province.

关键词： financial development economic growth granger causality test

作者: Kefang Liu Changyun Li

作者单位: Business School,Jiujiang University,Jiujiang,332005,China

会议类型: 国际会议

会议名称: The Tenth Wuhan International Conference on E-Business(第十届武汉电子商务国际会议)

会议地点: 成都

会议语种:英文

页码: 795-800

在线出版日期: 2011-05-13（万方平台首次上网日期，不代表论文的发表时间）