DocumentCode
1844502
Title
Notice of Retraction
Empirical analysis on the evolution of banking structure and economic growth in Hubei Province
Author
Xu Lei ; Du Wei-an
Author_Institution
Inst. of Econ., Wuhan Univ. of Technol., Wuhan, China
Volume
1
fYear
2011
fDate
13-15 May 2011
Firstpage
828
Lastpage
831
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
According to the statistical data from 1994 to 2009 in Hubei Province, by using co integration analysis, this paper makes an empirical analysis on the relationship between the structure of the banking sector and economic growth in Hubei Province and the study found that there is a long-term stable relationship between them. Through the Granger causality test on the data, it can be concluded that a one-way causal relationship excites between the two aspects. That is economic growth in Hubei Province is one of the reasons of changes in banking structure, and the economic growth is not caused by banking structure. According to our analysis, we found the main reason for this phenomenon is that there is a certain lag in the adjustment of the banking structure to the economic growth, so its effect on the economic growth can not be fully displayed.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
According to the statistical data from 1994 to 2009 in Hubei Province, by using co integration analysis, this paper makes an empirical analysis on the relationship between the structure of the banking sector and economic growth in Hubei Province and the study found that there is a long-term stable relationship between them. Through the Granger causality test on the data, it can be concluded that a one-way causal relationship excites between the two aspects. That is economic growth in Hubei Province is one of the reasons of changes in banking structure, and the economic growth is not caused by banking structure. According to our analysis, we found the main reason for this phenomenon is that there is a certain lag in the adjustment of the banking structure to the economic growth, so its effect on the economic growth can not be fully displayed.
Keywords
banking; econometrics; statistical analysis; Granger causality test; Hubei province; banking sector; banking structure; economic growth; empirical analysis; integration analysis; statistical data; Banking; Correlation; Economic indicators; Monopoly; Time series analysis; Granger causality test; banking structure in Hubei Province; cointegration; economic growth;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location
Guangzhou
Print_ISBN
978-1-61284-108-3
Type
conf
DOI
10.1109/ICBMEI.2011.5917064
Filename
5917064
Link To Document