An empirical study between regional economic development and the distribution of credit quota in China

Li Wei Cheng; Jin Chan Ren; Ying Chan Luo

doi:10.1109/ICMSE.2007.4422016

An empirical study between regional economic development and the distribution of credit quota in China

Li Wei Cheng^*
, Jin Chan Ren
, Ying Chan Luo

^*Corresponding author for this work

Harbin Institute of Technology

Research output: Chapter in Book or Report/Conference proceeding › Conference Proceeding › peer-review

Abstract

The relationship between regional economical development and credit quota was studied in this paper, based on officially published data of China's 31 provinces, municipalities and autonomous, by using unit root test, cointegration test, Granger causality test, and panel data model. It is evident that a long-term stable balance does exist between regional GDP and its credit quota, and further more, credit quota is a Granger cause of GDP growth. In most regions of China nowadays, capital market and direct investment channel are still not well developed, and therefore credit quota, as an indirect way of investment, had become one of the most important factors affecting the development of area economy. Compared to undeveloped regions, developed regions have broader financing channels, faster growth of credit quota, and as a result, its economic development has weaker dependence on credit funds.¹.

Original language	English
Title of host publication	Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	1248-1253
Number of pages	6
ISBN (Print)	9787883580805
DOIs	https://doi.org/10.1109/ICMSE.2007.4422016
Publication status	Published - 2007
Externally published	Yes
Event	2007 International Conference on Management Science and Engineering, ICMSE'07 - Harbin, China Duration: 20 Aug 2007 → 22 Aug 2007

Publication series

Name	Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)

Conference

Conference	2007 International Conference on Management Science and Engineering, ICMSE'07
Country/Territory	China
City	Harbin
Period	20/08/07 → 22/08/07

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

Keywords

Credit quota
Economic development
Granger causality test
Panel data model

Access to Document

10.1109/ICMSE.2007.4422016

Cite this

Cheng, L. W., Ren, J. C., & Luo, Y. C. (2007). An empirical study between regional economic development and the distribution of credit quota in China. In Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th) (pp. 1248-1253). Article 4422016 (Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ICMSE.2007.4422016

Cheng, Li Wei ; Ren, Jin Chan ; Luo, Ying Chan. / An empirical study between regional economic development and the distribution of credit quota in China. Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th). Institute of Electrical and Electronics Engineers Inc., 2007. pp. 1248-1253 (Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)).

@inproceedings{49c532c5b7a64442b3c615490a369ad1,

title = "An empirical study between regional economic development and the distribution of credit quota in China",

abstract = "The relationship between regional economical development and credit quota was studied in this paper, based on officially published data of China's 31 provinces, municipalities and autonomous, by using unit root test, cointegration test, Granger causality test, and panel data model. It is evident that a long-term stable balance does exist between regional GDP and its credit quota, and further more, credit quota is a Granger cause of GDP growth. In most regions of China nowadays, capital market and direct investment channel are still not well developed, and therefore credit quota, as an indirect way of investment, had become one of the most important factors affecting the development of area economy. Compared to undeveloped regions, developed regions have broader financing channels, faster growth of credit quota, and as a result, its economic development has weaker dependence on credit funds.1.",

keywords = "Credit quota, Economic development, Granger causality test, Panel data model",

author = "Cheng, \{Li Wei\} and Ren, \{Jin Chan\} and Luo, \{Ying Chan\}",

year = "2007",

doi = "10.1109/ICMSE.2007.4422016",

language = "English",

isbn = "9787883580805",

series = "Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)",

publisher = "Institute of Electrical and Electronics Engineers Inc.",

pages = "1248--1253",

booktitle = "Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)",

note = "2007 International Conference on Management Science and Engineering, ICMSE'07 ; Conference date: 20-08-2007 Through 22-08-2007",

}

Cheng, LW, Ren, JC & Luo, YC 2007, An empirical study between regional economic development and the distribution of credit quota in China. in Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)., 4422016, Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th), Institute of Electrical and Electronics Engineers Inc., pp. 1248-1253, 2007 International Conference on Management Science and Engineering, ICMSE'07, Harbin, China, 20/08/07. https://doi.org/10.1109/ICMSE.2007.4422016

An empirical study between regional economic development and the distribution of credit quota in China. / Cheng, Li Wei; Ren, Jin Chan; Luo, Ying Chan.
Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th). Institute of Electrical and Electronics Engineers Inc., 2007. p. 1248-1253 4422016 (Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)).

Research output: Chapter in Book or Report/Conference proceeding › Conference Proceeding › peer-review

TY - GEN

T1 - An empirical study between regional economic development and the distribution of credit quota in China

AU - Cheng, Li Wei

AU - Ren, Jin Chan

AU - Luo, Ying Chan

PY - 2007

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N2 - The relationship between regional economical development and credit quota was studied in this paper, based on officially published data of China's 31 provinces, municipalities and autonomous, by using unit root test, cointegration test, Granger causality test, and panel data model. It is evident that a long-term stable balance does exist between regional GDP and its credit quota, and further more, credit quota is a Granger cause of GDP growth. In most regions of China nowadays, capital market and direct investment channel are still not well developed, and therefore credit quota, as an indirect way of investment, had become one of the most important factors affecting the development of area economy. Compared to undeveloped regions, developed regions have broader financing channels, faster growth of credit quota, and as a result, its economic development has weaker dependence on credit funds.1.

AB - The relationship between regional economical development and credit quota was studied in this paper, based on officially published data of China's 31 provinces, municipalities and autonomous, by using unit root test, cointegration test, Granger causality test, and panel data model. It is evident that a long-term stable balance does exist between regional GDP and its credit quota, and further more, credit quota is a Granger cause of GDP growth. In most regions of China nowadays, capital market and direct investment channel are still not well developed, and therefore credit quota, as an indirect way of investment, had become one of the most important factors affecting the development of area economy. Compared to undeveloped regions, developed regions have broader financing channels, faster growth of credit quota, and as a result, its economic development has weaker dependence on credit funds.1.

KW - Credit quota

KW - Economic development

KW - Granger causality test

KW - Panel data model

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BT - Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)

PB - Institute of Electrical and Electronics Engineers Inc.

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ER -

Cheng LW, Ren JC, Luo YC. An empirical study between regional economic development and the distribution of credit quota in China. In Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th). Institute of Electrical and Electronics Engineers Inc. 2007. p. 1248-1253. 4422016. (Proceedings of 2007 International Conference on Management Science and Engineering, ICMSE'07 (14th)). doi: 10.1109/ICMSE.2007.4422016

An empirical study between regional economic development and the distribution of credit quota in China

Abstract

Publication series

Conference

UN SDGs

Keywords

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