중국 지역의 금융발전과 경제성장에 관한 연구
A Study on Regional Financial Development and Regional Economic Growth in China - Focusing on the Empirical Analysis of Provincial Statistical Data Sets -
1
조회
0
다운로드
3
인용
0
참고문헌
키워드
초록
This article includes the empirical analysis which is used provincial statistical data sets. We employ the regression and the causality tests between regional financial development and regional economic growth in China. According to analysis results, first, there are the positive effects between financial interrelations ratio and economic growth in Chinese provincial level. Almost provinces in China have high regression coefficient between two variables. Especially Eastern provinces have more high than others because of their high financial development. It shows that banking loans have positive impacts on economic growth in these areas. But almost provincial financial deepening index have negative effects on economic growth. The financial deepening index in this article are estimated from deposit /GDP ratio. Second, the empirical analysis not only finds the financial development leads the economic growth but also investigates the economic growth supplies the financial development in Eastern provinces in China. And we show the evidence that there is a causal relationship between the financial development and the economic growth in Central provinces. While in Western provinces only the financial interrelations ratio have positive effects on the economic growth. It also asserts that GDP growth has positive impacts on the financial deepening in Northeastern provinces in China. As a result, we find that there are interrelationships between the regional economic growth and the regional financial development, also the regional economic growth needs the regional financial development in Chinese provinces.
Abstract
This article includes the empirical analysis which is used provincial statistical data sets. We employ the regression and the causality tests between regional financial development and regional economic growth in China. According to analysis results, first, there are the positive effects between financial interrelations ratio and economic growth in Chinese provincial level. Almost provinces in China have high regression coefficient between two variables. Especially Eastern provinces have more high than others because of their high financial development. It shows that banking loans have positive impacts on economic growth in these areas. But almost provincial financial deepening index have negative effects on economic growth. The financial deepening index in this article are estimated from deposit /GDP ratio. Second, the empirical analysis not only finds the financial development leads the economic growth but also investigates the economic growth supplies the financial development in Eastern provinces in China. And we show the evidence that there is a causal relationship between the financial development and the economic growth in Central provinces. While in Western provinces only the financial interrelations ratio have positive effects on the economic growth. It also asserts that GDP growth has positive impacts on the financial deepening in Northeastern provinces in China. As a result, we find that there are interrelationships between the regional economic growth and the regional financial development, also the regional economic growth needs the regional financial development in Chinese provinces.
참고문헌 (28)
- 김봉한, "지역금융의 현황 및 발전 방안", 인문학논총, 7(1), pp.172~179 (2007)
- 남수중, "중국의 금융체제 개혁과 향후 전망", 중국연구, 37, pp.319~343 (2006), 중국연구소
- 남수중, "중국 동북 3성의 금융발전과 경제성장에 관한 연구", 동아연구, (54), pp.123~166 (2008), 동아연구소
- 최종수, "지역금융과 지역경제발전 : 인과관계의 검정", 산업경제연구, 17(1), pp.19~40 (2004), 한국산업경제학회
- Amos, O, "A Model of the Interaction Between Regional Financial Markets and Regional Growth", Regional Science and Urban Economics, 23, pp.85~110 (1993)
- Bias, P, "Regional Financial Segmentation in the United States", Journal of Regional Science, 32(3), pp.321~334 (1992)
- Faini, R., "Finance and Development: The Case of Southern Italy, In Finance and Development: Issues and Experience", pp.158~214 (1993), Cambridge University Press
- Goldsmith, R. W, "Financial Structure and Development" (1969), Yale University
- Does Local Financial Development Matter?, "Guiso, Luigi", NBER, ~, pp.WP 8923 (2002)
- Hanson, Sandra J, "Empirical Evidence of a Credit Channel Using Regional Data", mimeo", ~ (1996)
- Kano, M, "Geographical Segmentation in Japanese Bank Loan Market", Regional Science and Urban Economics, 33, pp.157~174 (2003)
- Kashyap, Anil K, "Monetary Policy and Bank Lending, In Monetary Policy", pp.221~161 (1994), University of Chicago Press
- Money and Capital in Economic Development, "Mckinnon, R. I", The Brookings Institution, ~ (1973)
- Samolyk, Ketherine. A, "Banking Condition and Regional Economic Performance: Evidence of a Regional Cedit Channel", Journal of Monetary Economics, 34, pp.259~278 (1994)
- 高静文, "金融发展与东北地区的资本供给", 财经问题研究, 6(3) (2005)
- 韩廷春, "金融发展与经济发展：经济模型与政策分析", 世界经济, 6 (2001)
- 李洪慈, "东北区域金融深化发展的“两阶段”戰略", 财政问题研究, 4 (2007)
- 马正兵, "我国各省区市金融发展的经济增长效应分析-基于面板数据的时变趋势与区域特征分析", 海南金融, 12 (2007)
- 南守重, "金融深化，金融体制发展与经济增长", 박사, pp.2002
- 王喜刚, "东北地区优化金融生态环境的有效途径", 新金融, 2 (2006)
- 胥嘉国, "我国区域金融发展差距以及对经济增长影响的实证研究", 当代经济科学, 6 (2006)
- 殷德生, "体制转轨中的区域金融研究" (2000), 学林出版社
- 黎和貴, "区域金融生态环境差异与经济增长效率", 金融论坛, 3 (2007)
- 张文锋, "区域金融与经济增长关系实证分析-兼论东北振兴中的金融支持", 城市经济，区域经济, 07 (2007)
- 周好文, "中国金融中介发展与地区经济增长：多变量VAR系统分析", 金融研究, 6 (2004)
- 中国各省自治区直辖市, "经济和社会发展统计公报", ~ (2010)
- 中国国家统计局编, "新中国五十五年（1949-2004）统计年鉴" (2005), 中国统计出版社
- 年中国区域金融运行报告, "中国人民银行货币政策分析小组", ~ (2011)