Title: The impact of bank and non-bank financial institutions on local economic growth in China
Authors: Cheng, A. ×
Degryse, Hans #
Issue Date: Jun-2010
Series Title: Journal of Financial Services Research vol:37 issue:2-3 pages:179-199
Abstract: This paper provides evidence on the relationship between finance and growth in a fast growing country, such as China. Employing data of 27 Chinese provinces over the period 1995–2003, we study whether the financial development of two different types of financial institutions — banks and non-banks — have a (significantly different) impact on local economic growth. Our findings indicate that banking development shows a statistically significant and economically more pronounced impact on local economic growth.
ISSN: 0920-8550
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Research Center Finance, Leuven
× corresponding author
# (joint) last author

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