The Research Of The Relationship Between Hebei Bank Credit And Economic Growth

Since China's reform and opening, Hebei's economy undergoings tremendouschanges, the trend shows not only at the increasing industry's output value year after year,but also in the proportion of the industrial structure, more and more close to the threemajor industries; As the sound financial regulation,the changes in the credit developrapidly, the support of the industrial structure is also growing. So what kind of relationshipdoes exist between Hebei bank credit and economic growth, and if relevant, which is thereason and which is the result,whether this causal relationship is balanced, this papermainly discusses on these issues.Firstly, the article describes the background and the purpose of the research,analyzesthe significance of the relationship between credit and economic growth both home andinternational, focusing in accordance with relevant literature in this area of researchmethods have been classified in order that we can easily chooce the research methods.Secondly, the article overviews the theory of the economic growth and bank credit. Itintroduces the concept of bank credit, classification, basic content, basic principles,alsothe economic growth factors, and describes the mechanisms that how credit structureimpacts the economic growth.Thirdly, the article selectes the indicators of bank credit and economic growth, andorganizes data, graphs the data using qualitative analysis, while uses typical and relevantmethods of modern econometrics to analysis economic growth and bank credit in HebeiProvince, the model building is to get a conclusion.Finally, based on qualitative analysis and quantitative analysis of the summary wemake the conclusions of the inadequacies on credit structure, analysis why the conclusionshave problems and explain them,according to the inadequacies of the credit structure,werespectively put forward policy recommendations for adjustment of credit structure.