Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/63427
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dc.contributor.authorZhang, Junen_US
dc.contributor.authorWan, Guanghuaen_US
dc.contributor.authorJin, Yuen_US
dc.date.accessioned2012-09-21T09:39:30Z-
dc.date.available2012-09-21T09:39:30Z-
dc.date.issued2007en_US
dc.identifier.isbn9291909475=978-92-9190-947-6en_US
dc.identifier.urihttp://hdl.handle.net/10419/63427-
dc.description.abstractThe financial intermediation-growth nexus is a widely studied topic in the literature of development economics. Deepening financial intermediation may promote economic growth by mobilizing more investments, and lifting returns to financial resources, which raises productivity. Relying on provincial panel data from China, this paper attempts to examine if regional productivity growth is accounted for by the deepening process of financial development. Towards this end, an appropriate measurement of financial depth is constructed and then included as a determinant of productivity growth. It finds that a significant and positive nexus exists between financial deepening and productivity growth. Given the divergent pattern of financial deepening between coastal and inland provinces, this finding also helps explain the rising regional disparity in China.en_US
dc.language.isoengen_US
dc.publisher|aUNU-WIDER |cHelsinkien_US
dc.relation.ispartofseries|aResearch Paper, UNU-WIDER, United Nations University (UNU) |x2007/08en_US
dc.subject.jelN1en_US
dc.subject.jelO5en_US
dc.subject.ddc330en_US
dc.subject.keywordgrowthen_US
dc.subject.keywordfinancial developmenten_US
dc.subject.keywordproductivityen_US
dc.subject.keywordChinaen_US
dc.subject.stwFinanzsektoren_US
dc.subject.stwFinanzintermediären_US
dc.subject.stwProduktivitäten_US
dc.subject.stwChinaen_US
dc.titleThe financial deepening-productivity nexus in China: 1987 - 2001en_US
dc.typeWorking Paperen_US
dc.identifier.ppn526139730en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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