A Research On Relationship Between Financial Development And Economic Growth In Yanbian

Today, the economic and financial already very closely together. Financial has become the core of the modern market economy. There is a certain correlation between explaneconomic growth and financial development. What kind of the relationship has been the academic discussion and attention, most research conclusion support between financial development and economic growth are closely, and promote each other, but there are also some scholars put forward different views. China’s economic development has regional, so the relation between the two will also show a different situation. Based on this, this article based on Yanbian in the border and minority area of China, using theoretical analysis and empirical analysis the way of the combination of the research area economic growth and financial development, the relationship coordination on problems existing in the development put forward rational countermeasures and Suggestions. This thesis consists of five chapters:The first chapter of the introduction, illustrate the main topic of the background and significance, thoughts and methods and main contents;The second chapter, the paper defines to economic growth and financial development, the study on the relationship between the paper reviewed the related literature, it is the empirical study for the theoretical basis;The third chapter of the economy and financial development in Yanbian analysis, mainly including present situation and the question, and then made on the basic relation judgment;The fourth chapter do empirical analysis, select Yanbian the FIR and RGDP as the index, apply unit root test, cointegration test and granger causality test method, to find out the existing between the causal relationship. Through empirical analysis the relationship is related to exist, but they are one way causality, short-term financial development can promote economic growth, long-term both no causality conclusion;The fifth chapter proposed coordinated development in national minority areas in Yanbian financial development and economic growth countermeasures and Suggestions.