Study On The Relationship Between Financial Development Disparities And Economic Growth Of Gansu Province

The relationship between financial development and economic growth has been a theoretical study of a hot topic in economics. Foreign scholars through the model and empirical methods, after a number of countries and regions found that there is a correlation between financial development and economic growth, financial development has a role in promoting economic growth, and economic growth is likely to react to financial development. Chinese scholars use foreign mature models and indicators, empirical test the relationship between the two, some with foreign scholars come to similar conclusions. However, these studies because of the different indicators design, sample range, measurement methods and analytical perspectives, and its findings are also significant differences and limitations.Firstly, this article elaborated the selected topic background and research significance of this research, and establishes the research ideas and research methods. Then, the system introduced this research involves the theoretical basis, the theory of regional economic growth, financial development theory and the theory of the relationship between the above, and describes in detail the current domestic and international current research situation and results. In draw lessons from the domestic and international relevant research results and research methods, on the basis of the relevant data of 14 cities in the Gansu province of 2006-2013, the difference of financial development and economic growth present situation analysis, and analyses the cause of the differences.Secondly, by analysising panel data empirical research the impact of financial development to economic growth, we come to the conclusion that a region in Gansu province between the differences between financial development and economic growth level is very obvious; Second, the financial development and economic growth, and a certain degree of positive correlation between the three differences in different regional financial development and economic growth in Gansu province is the influence degree is not the same. On the basis of the research conclusion, further shows the need to continue to improve the level of financialization, increasing the scale of financial assets, long pole in the financial industry to industry, the structure of the internal optimization, continuous upgrading of the internal configuration efficiency of financial resources and configuration level, to create new financial promoting financial integration and the financial policy support underdeveloped areas, encourage financial capital to the spread of underdeveloped areas.