期刊
JOURNAL OF FINANCIAL SERVICES RESEARCH
卷 37, 期 2-3, 页码 179-199出版社
SPRINGER
DOI: 10.1007/s10693-009-0077-4
关键词
Growth; Financial development; Chinese provinces; Banks
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.
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