J4 ›› 2011, Vol. 10 ›› Issue (5): 24-27.

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Long-term Equilibrium Analysis of Local Financial Revenue and Economic Growth in Yunnan

  

  1. Baoshan College,Baoshan,Yunnan 678000,China
  • Received:2011-03-09 Online:2011-05-01 Published:2011-05-01

Abstract:

The long—ternl equilibrium condition of local financial revenue and economic growth is heated in the recent researches of regional economy.Based on the data from 1990 to 2009 in Yunnan Province,the paper made a cointegration analysis of local financial revenue and economic growth under the premise of maintaining the stability of data.Granger test method was applied.And one—way Granger causality was found,that is,economic growth was the Granger cause of the local financial revenue in Yunnan,while local financial revenue was not the Granger cause of economic growth in Yunnan.Accordingly,the paper proposed some policy advices.

Key words: local financial revenue, economic growth, eo—integration, Granger test

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