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Analysis of the relation between financial development and economy growth in BinHai new area based on the time series model

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2 Author(s)
Wang Yingkun ; College of Economics, Tianjin Polytechnic University, Tianjin, China ; Zhao Hong

Based on the endogenous model of the contribution of financial development to economic growth, with the application of time series model to analyze the contribution of financial development in BinHai new area over the economic growth, the paper observes the changes in its development and uniqueness, explores the special mechanism that how financial development affects on economic growth. With analyzing the model, it finds out the factors and degree financial parameters affects economic growth, and puts forward some financial innovative suggestions.

Published in:

Information and Financial Engineering (ICIFE), 2010 2nd IEEE International Conference on

Date of Conference:

17-19 Sept. 2010