A Co-Integration Analysis of the Difference of Bank Credit's Effect on Thrice Industral Growth:A Case Study of Beijing
GUO Xiao-li 1, ZHAO Lin2
1.Department of Finance, China Womens University, Beijing 100101, China; 2.Beijing Fenyide Education and Technology Corporation Ltd, Beijing 100071, China
Through a co-integration analysis of the effect of bank credit on thrice industrial growth in Beijing, it is found that the contribution of bank credit to the second industry is greater than that to the primary industry, and the contribution of bank credi