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Frontiers of Economics in China

ISSN 1673-3444

ISSN 1673-3568(Online)

CN 11-5744/F

邮发代号 80-978

Front. Econ. China  2009, Vol. 4 Issue (4): 479-504   https://doi.org/10.1007/s11459-009-0026-z
  Research articles 本期目录
Banking structure and economic growth: Evidence from China
Banking structure and economic growth: Evidence from China
Justin Yifu LIN1, Xifang SUN2,
1.The World Bank, Washington, DC 20433, USA; 2.Seoul National University, Seoul 151–747, Korea;
 全文: PDF(561 KB)  
Abstract:With panel data for 28 Chinese provinces (autonomous regions, municipalities) during 1985–2002, this paper assesses the effect of banking structure on economic growth. Banking structure is defined as the relative importance of banks of different size in the banking sector. The market share of small banking institutions is taken as a proxy to measure the banking structure. In dealing with the potential endogeneity problem, this paper constructs an instrumental variable for banking structure with the information on the commercialization reform of state-owned banks initiated in 1994. The estimation results from a two-way fixed-effect model show that increases in the market share of small banking institutions enhance economic growth in contemporary China.
Key wordsoptimal financial structure    banking structure    economic growth
出版日期: 2009-12-05
 引用本文:   
. Banking structure and economic growth: Evidence from China[J]. Front. Econ. China, 2009, 4(4): 479-504.
Justin Yifu LIN, Xifang SUN, . Banking structure and economic growth: Evidence from China. Front. Econ. China, 2009, 4(4): 479-504.
 链接本文:  
https://academic.hep.com.cn/fec/CN/10.1007/s11459-009-0026-z
https://academic.hep.com.cn/fec/CN/Y2009/V4/I4/479
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