Financial Development and Poverty Alleviation in China: an Empirical Test with ARDL Approach

摘要：

Using data from 1978 to 2010 in China, the paper utilizes Auto Regressive Distributed Lag (ARDL) approach to exam the relationship between financial development and poverty alleviation based on their realistic achievement. The findings indicate that the poor benefit from financial development, nothing to do with the financial development indicator is financial scale (M2/GDP) or financial structure (liquidity assets/total assets). However, there is long and short run single causal between financial scale and headcount ratio and bidirectional causal relationship when financial structure as financial development.

关键词： financial development poverty alleviation China ARDL approach

作者: CUI Yanjuan ZHANG Fenghai XU Xiaofei

作者单位: School of Finance, Dongbei University of Finance and Economics, Dalian, China, 116025 School of Mana School of Management, Dalian Dalian Polytechnic University, Dalian, China, 116034

会议类型: 国际会议

会议名称: The 4th (2012) International Conference on Financial Risk and Corporate Finance Management(第四届(2012)金融风险与公司金融国际研讨会 FRCFM)

会议地点: 大连

会议语种:英文

页码: 230-235

在线出版日期: 2012-07-07（万方平台首次上网日期，不代表论文的发表时间）