The Impact of Bank and Non-Bank Financial Institutions on Local Economic Growth in China

被引：24

作者：

Xiaoqiang Cheng

Hans Degryse

机构：

[1] LICOS,

[2] Katholieke Universiteit Leuven,undefined

[3] Center for Economic Studies,undefined

[4] Katholieke Universiteit Leuven,undefined

[5] International Center for Financial Research,undefined

[6] Lally School of Management,undefined

[7] Rensselaer Polytechnic Institute,undefined

[8] CentER,undefined

[9] EBC,undefined

[10] TILEC,undefined

[11] Tilburg University,undefined

来源：

Journal of Financial Services Research | 2010年 / 37卷

关键词：

Growth; Financial development; Chinese provinces; Banks; E44; G21;

D O I：

暂无

中图分类号：

学科分类号：

摘要：

This paper provides evidence on the relationship between finance and growth in a fast growing country, such as China. Employing data of 27 Chinese provinces over the period 1995–2003, we study whether the financial development of two different types of financial institutions — banks and non-banks — have a (significantly different) impact on local economic growth. Our findings indicate that banking development shows a statistically significant and economically more pronounced impact on local economic growth.

引用

页码：179 / 199

页数：20

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