Empirical Analysis Of The Impact On The Economic Growth Of Financial Development Of Bozhou City In Anhui Province

Financial development is based on the theory of economists around the world research and analysis, and gradually enriched and deepened. The relationship between financial development and economic growth, as the main content of the theory of financial development in recent years has become everyone competing research. In this paper, based on the domestic and foreign scholar’s research results and research methods, we used the combination of theoretical and empirical analysis, qualitative and quantitative analysis method of combining, approach to financial development affects economic growth. And then combined with the Bozhou City after the "Eleventh Five-Year" plan and status of the economic growth of nearly13years of financial development, selection of financial and economic growth indicators,we established the regression model, and then we used the method of the stationarity test and Joansen cointegration test and Grainger causality test to test the relationship between financial development and economic growth, so that there is a long-term stable equilibrium relationship between the financial development and economic growth.The economic growth is the reason of Grainger financial development for our city, but the financial development to promote economic growth is not very obvious.