ScholarLens Back to search
2012•Contemporary Finance and EconomicsRequires access

Financial Development and Total Factor Productivity Growth:Does Regional Disparity Matter?

Yao Yao-jun

Open publisher page 1 citations

Abstract

By making use of China's provincial panel data from 1997 to 2008,this paper re-examines the linkages between total factor productivity(TFP) growth and financial development and the intermediate channels with the three samples of national level,coastal regions and inland areas.The result finds that the growth effects of TFP of China's financial development is related with the regional factors;the intermediate channel through which financial development promotes TFP growth is technological progress rather than technical efficiency growth.It indicates that to boost the reform of China's financial system so as to promote the financial development is of great importance in improving the quality of economic growth.

About this research paper

What this paper is about

By making use of China's provincial panel data from 1997 to 2008,this paper re-examines the linkages between total factor productivity(TFP) growth and financial development and the intermediate channels with the three samples of national level,coastal regions and inland areas.The result finds that the growth effects of TFP of China's financial development is related with the regional factors;the intermediate channel through which financial development promotes TFP growth is technological progress rather than technical efficiency growth.It indicates that to boost the reform of China's financial system so as to promote the financial development is of great importance in improving the quality of economic growth.

Why it matters

OpenAlex reports 1 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

By making use of China's provincial panel data from 1997 to 2008,this paper re-examines the linkages between total factor productivity(TFP) growth and financial development and the intermediate channels with the three samples of national level,coastal regions and inland areas.The result finds that the growth effects of TFP of China's financial development is related with the regional factors;the intermediate channel through which financial development promotes TFP growth is technological progress rather than technical efficiency growth.It indicates that to boost the reform of China's financial system so as to promote the financial development is of great importance in improving the quality of economic growth.

Key concepts: Total factor productivity, China, Productivity, Panel data, Economics, Quality (philosophy), Finance, Business

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
Financial Development and Total Factor Productivity Growth:Does Regional Disparity Matter? — Research Paper | ScholarLens