2007•Journal of Xi'an University of Post and TelecommunicationsRequires access
An emprirical analysis of Shaanxi financial system development and economic growth——based on the finance data of Shaanxi since 1990 to 2006
Wei Sheng-min
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Abstract
The relationship between the level of financial system development and economic growth is always a heat topic among economists.Based on the domestic scholars' research results,this paper utilizes finance data of Shaanxi from 1990 to 2005,adopts linear regression method,does positive research on relation between Shaanxi financial system and economic growth.The result shows the financial developing index FIR and economic growth rate present negtive correlation relations,the capital investment and the financial developing idex present positive correlation relations.The qulity and quantity of Shaanxi financial system development should be improved,so that the economic of Shaanxi will obtain a long-term growth.