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2016•Advances in computer science researchOpen access

The Financial Development and Economic Growth of Fujian Province

Lu Chen

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Abstract

By using the data from 1994-2014, this paper analyze the relationship between financial development and local economic growth of Fujian province.Our empirical research show that the financial development plays a promoting role in economic growth, the deeper the degree of financial market development and the higher the efficiency of financial development, the faster the development of the economic market.

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By using the data from 1994-2014, this paper analyze the relationship between financial development and local economic growth of Fujian province.Our empirical research show that the financial development plays a promoting role in economic growth, the deeper the degree of financial market development and the higher the efficiency of financial development, the faster the development of the economic market.

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Available abstract

By using the data from 1994-2014, this paper analyze the relationship between financial development and local economic growth of Fujian province.Our empirical research show that the financial development plays a promoting role in economic growth, the deeper the degree of financial market development and the higher the efficiency of financial development, the faster the development of the economic market.

Key concepts: Economic indicator, Financial market, Business, Economics, Finance, Financial system, Macroeconomics

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