Empirical Analysis on the Evolution of Banking Structure and Economic Growth in Hubei Province
According to the statistical data from 1994 to 2009 in Hubei Province, by using co integration analysis, this paper makes an empirical analysis on the relationship between the structure of the banking sector and economic growth in Hubei Province and the study found that there is a longterm stable relationship between them. Through the Granger causality test on the data, it can be concluded that a oneway causal relationship excites between the two aspects. That is economic growth in Hubei Province is one of the reasons of changes in banking structure, and the economic growth is not caused by banking structure. According to our analysis, we found the main reason for this phenomenon is that there is a certain lag in the adjustment of the banking structure to the economic growth, so its effect on the economic growth can not be fully displayed.
bankingstructurein Hubei Province economic growth cointegration Granger causality test
XU Lei DU Wei-an
Institute of Economics. Wuhan University of Technology Wuhan University of Technology, WHUT Wuhan, China
国际会议
广州
英文
1-4
2011-05-13（万方平台首次上网日期，不代表论文的发表时间）