The Impact of Rural Financial Density on the Rural Economic Growth——An Empirical Analysis Based on the Panel Data from 1883 counties (cities) of Our Country
The Impact of Rural Financial Density on the Rural Economic Growth——An Empirical Analysis Based on the Panel Data from 1883 counties (cities) of Our Country
TIAN Jie1, 2, TAO Jian Ping1, 2
(1.School of Economics and Management, Huazhong Agricultural University, Wuhan 430070, China；|*|
2. Research Center of Hubei Rural Development, Huazhong Agricultural University, Wuhan 430070, China)
Abstract Using the panel data from the 1883 counties (cities) during 2006-2009, the authors made an empirical analysis of the effect of rural financial density on the rural economic growth. The results show that from the perspective of the whole nation, rural financial density, which is indicated by the number of financial branches per capita, played a significant role in promoting the rural economic growth; the relationship between rural financial density and rural economic growth was at the left side of the reversed U shape curve; the rural financial density promotes the rural economic growth by increasing the amount of loan and improving the efficiency of credit allocation. The cross regional empirical analysis found that rural financial density significantly boost rural economic growth in the western and eastern regions whereas it is not obvious in the central region.
TIAN Jie,DAO Jian-Beng. The Impact of Rural Financial Density on the Rural Economic Growth——An Empirical Analysis Based on the Panel Data from 1883 counties (cities) of Our Country. Economic Survey, 2012, (1): 0108.
2012, Vol. 
