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- W1991402612 abstract "Using data for 30 Chinese provinces over the period 1989-2003, this study examines the relationship between finance, and real GDP, capital, and total factor productivity growth. We find that traditionally used indicators of financial development and China-specific indicators measuring the level of state interventionism in finance are generally negatively associated with growth and its sources, while indicators measuring the degree of market driven financing in the economy are positively associated with them. These effects have been gradually declining over time, and are weaker for high FDI recipients, suggesting that FDI may be used to alleviate the costs associated with the inefficient banking sector." @default.
- W1991402612 created "2016-06-24" @default.
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- W1991402612 date "2006-01-01" @default.
- W1991402612 modified "2023-10-03" @default.
- W1991402612 title "Could Financial Distortions be no Impediment to Economic Gowth After All? Evidence from China" @default.
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- W1991402612 doi "https://doi.org/10.2139/ssrn.945599" @default.
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