Performance of financial resources in China's provinces

Kui-Wai Li () and Tung Liu ()

Journal of the Asia Pacific Economy, 2004, vol. 9, issue 1, 32-48

Abstract: This paper examines the economic performance of financial resources in China's provinces for the period 1985-98. The empirical results indicate that different financial resources have different impacts on the economic growth. The growth of national bank loans and self-raised funds are important to the growth of provincial output. When a division is made between inner and coastal regions, diversion of financial resources has a significant impact on the economic growth of the coastal provinces, but not on the economic growth of interior provinces.

Date: 2004
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DOI: 10.1080/13547860310001628285

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