Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/63427 
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dc.contributor.authorZhang, Junen
dc.contributor.authorWan, Guanghuaen
dc.contributor.authorJin, Yuen
dc.date.accessioned2012-09-21T09:39:30Z-
dc.date.available2012-09-21T09:39:30Z-
dc.date.issued2007-
dc.identifier.isbn9291909475=978-92-9190-947-6en
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
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Research Paper |x2007/08en
dc.subject.jelN1en
dc.subject.jelO5en
dc.subject.ddc330en
dc.subject.keywordgrowthen
dc.subject.keywordfinancial developmenten
dc.subject.keywordproductivityen
dc.subject.keywordChinaen
dc.subject.stwFinanzsektoren
dc.subject.stwFinanzintermediären
dc.subject.stwProduktivitäten
dc.subject.stwChinaen
dc.titleThe financial deepening-productivity nexus in China: 1987 - 2001-
dc.typeWorking Paperen
dc.identifier.ppn526139730en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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