Financial Development, Growth, and Regional Disparity in Post-Reform China

Zhicheng Liang

No RP2006-90, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Deepening financial development and rapid economic growth in China have been accompanied by widening income disparity between the coastal and inland regions. In this paper, by employing panel dataset for 29 Chinese provinces over the period of 1990-2001 and applying the generalized method of moment (GMM) techniques, we examine the impacts of financial development on China's growth performance.

Keywords: Economic development; Equality and inequality; Income distribution; Regional economics (search for similar items in EconPapers)
Date: 2006
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