Study on the Relationship between the Financial Surplus Mobilization and Regional Economic Growth
ZHANG Fu-tian1,2
1.School of Accounting Zhongnan University of Economics and Law,Wuhan 430073,China; 2.Management and Economy Department Xuchang University,Xuchang 461000,China
Abstract Both government and the capital market are the factors to mobilize the financial surplus production recirculation. but at different economic development stage,the government and the capital market play different roles in the allocation of financial resources. The analysis of the different regions of the empirical data shows that short-term economic growth mainly rely on the government allocation of resources ability enhancement,while long-term economic growth will depend on the degree of financial deepening. The eastern region should expand the scale of the government and improve the degree of financial deepening,the central and western regions should restrain government scale,moderately enhance the level of regional financial deepening.
2013, Vol. 1 
