Trade openness, internet finance development and banking sector development in China

被引：30

作者：

Fu, Junhui ^{[1
]}

Liu, Yufang ^{[1
]}

Chen, Rongda ^{[1
]}

Yu, Xiaojian ^{[2
]}

Tang, Wen ^{[1
]}

机构：

[1] Zhejiang Univ Finance & Econ, Sch Finance, Hangzhou 300018, Peoples R China

[2] South China Univ Technol, Res Ctr Financial Engn, Sch Econ & Commerce, Guangzhou 510006, Peoples R China

来源：

ECONOMIC MODELLING | 2020年 / 91卷

基金：

中国国家自然科学基金;

关键词：

Trade openness; Internet finance development; Banking sector size; Banking sector efficiency; ECONOMIC-GROWTH; POLITICS; LAW;

D O I：

10.1016/j.econmod.2019.12.008

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper investigates the impact of trade openness on Internet finance development in China. Using a unique panel data set for 29 Chinese provinces, we find that trade openness has a positive impact on Internet finance development and is a leading indicator of Internet finance development. Further analyses show that higher trade openness is associated with faster Internet finance development in wealthier provinces. Moreover, we investigate the effect of Internet finance development on the banking sector development. The empirical results suggest that Internet finance development has a positive effect on the banking sector size and efficiency.

引用

页码：670 / 678

页数：9

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