A Research On The Unbalance Of Regional Credit Funds In China

Credit loans , the most important financing channel in China,play an principal role in the regional economic development, the rational allocation of credit funds among regions is the basic of harmonious development of regional economy.The unbalance of regional credit funds has enlarged the gap of the economic development among regions. Based on this fact, this dissertation make an in-depth study on the unbalance of regional credit funds in China.This dissertation is primarily focused on the research about the unbalance of regional credit funds in China, analyzing the influence upon the regional economy by IRF model of VAR, giving the convergence analysis about the unbalance of regional credit funds byσ-convergence andβ-convergence, finding the actuation factors of the scale regional credit funds by panels linear regression model. Based on this, this dissertation also gives some countermeasures and advices in the end.The main results as follows: The unbalance of regional credit funds has enlarged the gap of the economic development among regions,the contribution of credit loans to economic growth in developed regions are much more than underdeveloped regions; there are neitherσnorβconvergence among the unbalance of regional credit funds, the unbalance will become ever more serious Under the market conditions ,especially between east and middle, west areas; the actuation factors of the scale regional credit funds are differents among areas, the actuation factors of regional credit funds in east, middle and west areas are respectively human resources and industrial structure, final consumer rate, infrastructure.This dissertation gives some countermeasures and advices as follows: planning different strategy for regional financial development; making different monetary policies at the area level; playing the big supporting function of the local financial institutions on regional economy.