The Impact of Private Finance on Industrial Gross Output Value of Non-State Owned Enterprises in Wenzhou An Empirical Analysis

DOI

10.2991/jisem-15.2015.26How to use a DOI?

Keywords

Private Finance; Non-State Owned Enterprises; Industrial Gross Output Value; ADF Test

Abstract

This study aims to identity the impact of private finance on gross production value of Non-state owned enterprises (Non-SOEs) in Wenzhou. The paper investigated the impact of private finance on Non-SOEs using the annual data over the period 1999-2011 and OLS estimator after stabilizing test by ADF. The results of regression suggest that Wenzhou private finance has a significantly positive influence on the gross production value of Non-SOEs in the long term. Therefore, to promote the healthy and sustainable development of private economy in Wenzhou, the polices maker not only should take many measures to increase private finance products, create some new financial organizations with policy guidance normally, but also expand private finance in supply channels and deepen financial reforms in all around for pushing the development of Wenzhou private financial ecological healthy.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Fang Liu
AU  - Xiaoli Hu
PY  - 2015/12
DA  - 2015/12
TI  - The Impact of Private Finance on Industrial Gross Output Value of Non-State Owned Enterprises in Wenzhou An Empirical Analysis
BT  - Proceedings of the 2015 Joint International Social Science, Education, Language, Management and Business Conference
PB  - Atlantis Press
SP  - 125
EP  - 132
SN  - 2352-5398
UR  - https://doi.org/10.2991/jisem-15.2015.26
DO  - 10.2991/jisem-15.2015.26
ID  - Liu2015/12
ER  -