Economics at your fingertips  

Bank Efficiency and Regional Economic Growth: Evidence from China

Hong Zhuang (), Haiyan Yin, Miao Wang and Jiawen Yang
Additional contact information
Hong Zhuang: Judd Leighton School of Business and Economics, Indiana University South Bend
Haiyan Yin: Judd Leighton School of Business and Economics, Indiana University South Bend
Miao Wang: Department of Economics, College of Business Administration, Marquette University
Jiawen Yang: Department of International Business, George Washington University

Annals of Economics and Finance, 2019, vol. 20, issue 2, 661-689

Abstract: This paper examines for the first time the relationship between bank efficiency and regional economic growth in China with provincial data over 1995 - 2014. We find consistent and strong evidence that bank efficiency positively affects regional economic growth. Further, bank efficiency exerts a more pronounced impact on economic growth in inland provinces than coastal regions. The insignificant effect of the quantity of credit in our regressions suggests that a mere expansion of financial volume is not effective in promoting regional economic growth, whereas the improvement in the quality of financial intermediation plays an important role in fostering provincial economic growth.

Keywords: Bank efficiency; Financial development; Regional growth; China (search for similar items in EconPapers)
JEL-codes: G21 O16 O47 O53 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Annals of Economics and Finance is currently edited by Heng-fu Zou

More articles in Annals of Economics and Finance from Society for AEF Contact information at EDIRC.
Bibliographic data for series maintained by Qiang Gao ().

Page updated 2020-04-04
Handle: RePEc:cuf:journl:y:2019:v:20:i:2:zhuangyinwangyang