The Dynamic Interaction between the Financial Development and the Urbanization Process in China --Based on the Analysis of Panel VEC Model

摘要：

　　Based on the panel VEC model, this paper verifies the dynamic interaction between Chinas financial development and urbanization process and analyzes the short-term, medium and long term situation.The results of this research show that: the financial development can promote the urbanization process in short term, but there is not enough evidence to suggest that the urbanization process plays a significant positive or negative role in promoting Chinas financial development.However, in the medium and long term, there exists interaction between financial development and urbanization as both cause and effect.Based on the above, we analyze the reasons and propose the corresponding policy suggestions.

关键词： Chinas financial development Urbanization Panel VEC model

作者: XIE Yun QIAN Hui

作者单位: College of Economics, Yangtze University, Jingzhou, Hubei, China,434023 College of City, Zhejiang University, Hangzhou,Zhejiang,China,310015

会议类型: 国际会议

会议名称: The Thirteenth Wuhan International Conference on E-Business(第十三届武汉电子商务国际会议)(WHICEB2014)

会议地点: 武汉

会议语种:英文

页码: 719-726

在线出版日期: 2014-05-31（万方平台首次上网日期，不代表论文的发表时间）