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Empirical Study On The Effect Of Financial Deepening And Development To China's International Trade

Posted on:2012-11-05Degree:MasterType:Thesis
Country:ChinaCandidate:W WuFull Text:PDF
GTID:2189330335462777Subject:International Trade
Abstract/Summary:PDF Full Text Request
The international trade achievement supports a country economic development the prime motors, its movement itself receives in the economic development many factor improvements and the impact. In the domestic and foreign related research more and more full length's sample and the effective data indicated that in traditional international trade theory about essential factor talent and beside comparison superiority explanation, it is necessary to further discuss the financial development factor regarding the international trade external influence. Near several dozens year financial development theory believed that the finance is increasingly obvious located at a country economy's core status, its seepage is increasingly remarkable to the entity economy each sub-domain's influence. By the real diagnosis examination's way may the very good measure finance development condition, as well as the reflection and the international trade interactive effect.In addition, under analysis concrete nationality financial development to international trade influence, because not only might urge a country to avoid the financial development lag suppressing the international trade superiority display, but was also more target-oriented for the formulation and the guidance financial policy has provided the measure basis.This article is for the purpose of take combing the financial development and the international trade correlation theories as a foundation, used from 1978 to 2008 the year China's sample to carry on certain empirical analysis, measured this theory under the Chinese data realistic condition. In the overseas process 50-60 year finance development theory's perfect process, is one unceasingly the theory employment in the multi-nationality sample methodology process, is also one uses the new model method to confirm the theory application process unceasingly. In this process, more and more scholars have approved the financial development theory, and achieved the mutual recognition in its function and in economy certain elementary theories. In the new time, along with the endogenous economic model's massive introductions as well as the developing country data sample's supplement, the financial development theory's development application has also achieved a new peak. From formerly used many national data to carry on crosswise quite studies, changes current only specially was the market economy just achieved preliminary stable China to the concrete country data to carry on the empirical analysis, has certain difficulty, is also very valuable. Must insist with the reasonable transformed finance development theory basic concept, but must measure under a country finance, the economic environment data non-measurement difference, only then may reflect the real condition appropriately.Limited to our country various finances data and the target procurability, as well as the selection research model's reliability, this article from the Chinese finance development and during international trade's causes and effects effect, the Chinese finance development to each concrete export profession's influence difference, the Chinese finance development launches the analysis discussion to the various areas export trade's influence three concrete aspects. The result indicated: In statistics significance, China's financial development and the international trade growth have the bidirectional causes and effects effect; Chinese macroscopic finance degree of development as well as Bank of China credit intermediary, has the different promotion influence to the export trade, conforms to the financial development theory general viewpoint; But China money market aspect's target and the international trade grow the relevance is low, is removed in outside the empirical analysis main part,indicated that China's financial system developing process medium and long-term has the structure and the function imbalance.
Keywords/Search Tags:financial development, international trade, empirical analysis
PDF Full Text Request
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