Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/63395
Authors: 
Hasan, Iftekhar
Zhou, Mingming
Year of Publication: 
2006
Series/Report no.: 
Research Paper, UNU-WIDER, United Nations University (UNU) 2006/85
Abstract: 
This paper documents the financial and institutional developments of China during the past two decades, when China was successfully transformed from a rigid centralplanning economy to a dynamic market economy following its unique path. We empirically examine the relationship between financial development and economic growth in China by employing a panel sample covering 31 Chinese provinces during the important transition period 1986-2002. Our evidence suggests that the development of financial markets, institutions, and instruments have been robustly associated with economic growth in China. – institutions ; growth ; financial intermediation ; transition ; China
JEL: 
G30
G10
O16
K40
ISBN: 
9291908630
Document Type: 
Working Paper

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