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The Number Of Chinese Financial Development Of Industrial Economic Impact Analysis

Posted on:2007-02-24Degree:MasterType:Thesis
Country:ChinaCandidate:D WangFull Text:PDF
GTID:2209360185460507Subject:Quantitative Economics
Abstract/Summary:PDF Full Text Request
Goldsmith advocated that the finance development means the change of finance structure."For the economy analysis, the most important maybe is the relationship between the scale of finance tools, the fund of financial institutions and the corresponding economic variables. According to the thinking of Goldsmith, a flock of empirical researchers were done about the finance development and the economy increase. But with the deep-going of the research, people found that the department difference, regional difference and the income difference all have an influence on the finance development. The existence of these differences inevitably affects the function of the finance to the economy. After thinking about the binary feature of our country's economy structure, the obvious finance control of the rural area, and the department difference, the author chooses the industrial department that has a close relation with the finance industry as the research breach.The author of this article is on the basis of data, considering the gradual process of our country's finance reformation, chooses the index that is suitable for the development of the economic finance of our country, then takes advantage of the mature econometrical technology to make strict empirical analysis for the relation between the finance development and economy increase, at last, the author gets a reliable conclusion. By a series of empirical analysis, this article gets the following important conclusions:First, from a long time, FIR,M2/GDP and FIR1 have a notable and intense promoted function to the total output value of industry(Y1), The actual interest rate (r) has a notable but weak impeded function to the total output value of industry(Y1);the relation between FIR,M2/GDP,FIR1,r and value added of industry (Y2) is not robust.Second, from a long time, FIR,M2/GDP have a notable and intense...
Keywords/Search Tags:Finance development, Total Output Value of Industry, Value added of Industry, Vector Autoregressive Model
PDF Full Text Request
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