Financial Development and Economic Growth: Evidence from China in 1978-2009 - Softcover

Liu, Yichen

Softcover

ISBN 10: 3847304186 ISBN 13: 9783847304180

Verlag: LAP LAMBERT Academic Publishing, 2012

Inhaltsangabe

This thesis examines the relationship between financial development and economic growth. By reviewing previous theories and empirical studies about financial development and economic growth and financial development process in China, I assumed that there is a positive relationship between financial development and economic growth in China case. Then I use time series annual data from 1978 to 2009 to set up a short-term model and long-term model. By running causality test and regression, I find that in the short term, if financial sectors in China develop well and provide more monetary services for economic activities, it will promote Chinese economic growth. At the same time, if Chinese economy develops very well, financial sectors will get benefit from the good economic environment. But if banks provide too much loan, the economic growth rate will slow down. In the long term, there is not really obvious positive effect between economic growth and financial development in China case as expected. But efficient bank loans are helpful for promoting economic growth.

Über diesen Titel

Über die Autorin bzw. den Autor

2005.09 --2009.07 Bachelor Program in Shandong University of Technology, China 2009.09-2011.08 Master Program in Lund University, Sweden 2010.02-2011.06 Part time work for international organization "Save the Children"

Details zur Ausgabe

• Verlag: LAP LAMBERT Academic Publishing
• Erscheinungsdatum: 2012
• Sprache: Englisch
• ISBN 10: 3847304186
• ISBN 13: 9783847304180
• Einband: Taschenbuch
• Anzahl der Seiten: 56
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Fastbook Publishing; customerservice@vdm-vsg.de; ; Brivibas gatve 197; Riga; 1039; Lettland