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Financial Reforms, Growth and Regional Disparity in China

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  • Zhicheng LIANG

    () (Centre d'Etudes et de Recherches sur le Développement International(CERDI))

Abstract

In this paper, by employing the Generalized Method of Moment (GMM) techniques and Chinese provincial level data from 1991 to 2003, we empirically investigate the relationship between finance and growth in post-reform China. We find that financial development significantly promotes economic growth in coastal regions but not in inland regions; the weak finance-growth nexus in inland provinces has exacerbated China’s regional disparity.

Suggested Citation

  • Zhicheng LIANG, 2007. "Financial Reforms, Growth and Regional Disparity in China," Working Papers 200732, CERDI.
  • Handle: RePEc:cdi:wpaper:933
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    File URL: http://publi.cerdi.org/ed/2007/2007.32.pdf
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    References listed on IDEAS

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