The Relationship Between Financial Resource Allocation Efficiency and Growth in Different Areas of China

Hong-bo Zhang () and Qing Xia
Additional contact information
Hong-bo Zhang: Wuhan University
Qing Xia: Military Economics Academy

Chapter Chapter 100 in The 19th International Conference on Industrial Engineering and Engineering Management, 2013, pp 949-955 from Springer

Abstract: Abstract The aim of this paper is to analyze empirically the relationship between financial resource allocation efficiency and economic growth in China. This paper examines the economic performance of financial resources in China’s 31 regions for the period 1978–2010. Based on the analysis of Wurgler, the empirical results indicate that different regions’ financial resources allocation have different impacts on the economic growth. In short, the East performs much better than the Middle and West areas. Besides, the result of our study shows that there is a positive and significant association between financial resource allocation efficiency and economic growth. Meanwhile, financial department plays an important role in financial allocation efficiency and economic growth. So the government should make full use of the financial markets to achieve a better performance.

Keywords: Allocation efficiency; Economic growth; Financial source (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-38433-2_100

Ordering information: This item can be ordered from
http://www.springer.com/9783642384332

DOI: 10.1007/978-3-642-38433-2_100

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().