2010•Journal of Guangxi University of Finance and EconomicsRequires access

Linkage Effect of Regional Financial Development and Economic Growth——A Case Study of Guangxi

YU Wei-feng

Abstract

Taking Guangxi as an example,this paper analyzed the relationship between financial development and economic growth in the western areas of China.By estimating and testing the VECM Model and the co-integrated relationship of the indexes,it's concluded that the long-term equilibrium between financial development and economic growth really exists.And on the basis of empirical verification,it also put forward some policy suggestions for promoting Guangxi's economic growth through financial development.

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Key concepts: Linkage (software), China, Economics, Empirical research, Macroeconomics, Economic system, Political science, Epistemology