Title: Financial Development,Capital Formation and Differential Regional Effects:An Empirical Analysis Based on Dynamic Panel Data Model
Abstract:Financial development is an important factor to promote capital formation and economic growth.How's the effect of financial system to capital formation? The paper takes uses of the panel data of 30 pr...Financial development is an important factor to promote capital formation and economic growth.How's the effect of financial system to capital formation? The paper takes uses of the panel data of 30 provinces of china,as well as municipalities from 1990~2009,and research on the effect of financial development on capital formation of China and district difference based on SYS-GMM model.The results show that the effects from financial development of the same and different lag periods upon china's and the East's,Center's and West's capital formation has positive or negative,and the effect shows obvious regional difference.Read More
Publication Year: 2013
Publication Date: 2013-01-01
Language: en
Type: article
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Cited By Count: 1
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