Proceedings of the 2016 3rd International Conference on Management, Education Technology and Sports Science (METSS 2016)

Participation of local government, region financial development and economic growth: Empirical study on Southwest of China

Authors
Linwei Pan, Yaling Wu
Corresponding Author
Linwei Pan
Available Online November 2016.
DOI
https://doi.org/10.2991/metss-16.2016.29How to use a DOI?
Keywords
participation of local government, finance development, economic growth, regional deference
Abstract
Based on panel data of 4 provinces of Southwest of China during 1999-2014, this paper empirically test the relation between financial development and economic growth on the consideration of local government participation. The regression results shows there is a magnificent, positive relation between independent variables and economic growth in 4 provinces of Southwest of China. And the finance development in past decades has contributed immensely to economic growth. And there is a significant regional deference in the regression results of 4 provinces. So the promotion from finance development in Chongqing and Sichuan has more obvious, notable effect than which in Guizhou and Yunnan province. Local government need to transfer their focus of participation, not only on finance scale, but also on efficiency of financial system. The correct position of government will facilitate more the development of finance and economic growth in long run.
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Proceedings
2016 3rd International Conference on Management, Education Technology and Sports Science (METSS 2016)
Part of series
Advances in Economics, Business and Management Research
Publication Date
November 2016
ISBN
978-94-6252-248-0
ISSN
2352-5428
DOI
https://doi.org/10.2991/metss-16.2016.29How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Linwei Pan
AU  - Yaling Wu
PY  - 2016/11
DA  - 2016/11
TI  - Participation of local government, region financial development and economic growth: Empirical study on Southwest of China
BT  - 2016 3rd International Conference on Management, Education Technology and Sports Science (METSS 2016)
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/metss-16.2016.29
DO  - https://doi.org/10.2991/metss-16.2016.29
ID  - Pan2016/11
ER  -