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
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.
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页码:179 / 199
页数:20
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