%0 Journal Article
%T Empirical Analysis of Regional Financial Development and Regional Economic Growth¡ªBased on the Data of Fifteen States in Xinjiang
%A Xu Si
%J Journal of Financial Risk Management
%P 397-417
%@ 2167-9541
%D 2017
%I Scientific Research Publishing
%R 10.4236/jfrm.2017.64029
%X This article collected
panel data of fifteen states of Xinjiang between 2005 and 2011, </span><span style=\"font-family:Verdana;\">and </span><span style=\"font-family:Verdana;\">based on the method of
quantile regression, made an empirical research among financial development and
economic growth of Xinjiang fifteen states. The financial related rate, the
efficiency of financial intermediation, the structure of financial savings and
insurance depth were included in this paper. Conclusion:</span><span style=\"font-family:&quot;\"> </span><span style=\"font-family:Verdana;\">Comprehensive financial
development level (LNFIR, LNFAE, LNFSS, LNIND) in different quantile level
factor of economic growth, regional financial development level of Xinjiang
restricts economic growth. Finally, this paper</span><span style=\"font-family:Verdana;\">,</span><span style=\"font-family:Verdana;\"> according to the
empirical results, puts forward the ¡°financial development cycle theory¡±, and
puts forward some suggestions.
%K Xinjiang Fifteen States
%K Financial Development
%K Economic Growth
%K Quantile Regression
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=81342