The Empirical Analysis Of The Correlation Between Non-balanced Credit Rationing And Economical Growth

Credit rationing is both ancient and young research area in the economics. Adam Smith has discussed the problem of credit rationing as early as 1776, moreover, credit rationing is an important question about money in19th century in England.Since long ago, the credit market is occupying the dominant position in monetary fund disposition of China, indirect financing through credit market is the Chinese enterprise's main financing way. But the western balanced credit rationing theory is not suitable to actual situation of China, therefore, this article mainly studies the non- balanced credit rationing and the Chinese economy correlation.First, this article reviewed the credit rationing theory development as well as the domestic and foreign research situation, and has carried on the explanation to several concepts; Then through analyzing the balanced credit rationing theory, find out the balanced credit rationing theory is not suitable to China, thus draws out the non- balanced credit rationing theory; Because the present domestic and foreign non- balanced credits rationing theory is imperfect, this article only embarks from our country to explain, at the same time carries on the empirical analysis of correlation between the non- balanced credit rationing and our country economical growth; The non- balanced credit rationing which existed to our country has carried on the effect analysis in the fourth part, elaborated the positive and negative two aspects effect which the economy brought for our country; Finally, summarizes the analysis and obtains conclusion.Studies the non- balanced credit rationing is helpful in microscopic to understood the credit market of China, thus found out the countermeasure and the method of the improvement of credit market mechanism in the root and enhancement of the credit resources disposition efficiency.