A Study On Relationship Between Financial Assets Structure And Economic Growth In Yunnan Province

Economic growth has been always the core issue of economics.But economists focus on capital,labor and other factors led to the economy before 1960s,they have not paid attention to the financial industry to the economic growth.Until Goldsmith began to study the relationship between financial development and economic growth,research finance---growth nexus has become an important subject in economics.As the most important part of the financial,therefore analyze the relationship between economic growth and the structure of financial assets is also crucial.This article from the perspective of regional economics,based in Yunnan Province,analyzes the relationship between financial capital structure and economic growth,then put forward a number of suggestions.This paper mainly consists of six parts:in the first chapter,introduction,which mainly elaborated the meaning,background,thought and method of paper.In the second chapter,the literature review,refers to the papers at home and abroad,and summarizes their ideas.In the third chapter,the theoretical construction,discusses the Harrod-Domar model and constructs the financial assets structure and the economic growth model of Yunnan Province.In the fourth chapter,describes the status quo of economic growth in Yunnan province and the structure of financial assets.Compared with the national level,the Yunnan Province bank depth was equal with national.But non-monetary assets are lower than the national average level.In the fifth chapter,the empirical analysis,use different ways to research on the relationship of the internal structure of financial assets and economic growth,Finally through the analysis of the empirical results,the authors get the following conclusion:the balance between the overall size of the financial assets and economic growth,but the impetus will be waked in the long term.The different internal structure of financial assets in Yunnan province contributes differently to the economic growth.Monetary financial assets accounted for the largest,but the effect is limited;securities financial assets play a small role in economic growth;insurance financial assets accounted for a small,need to explore its effect on economic growth.In the chapter six,According to research,this paper put forward feasible suggestions for optimizing the structure of financial assets.