Analysis of Factors Influencing the Development of China’s Shadow Banking Industry Based on VAR Model
Authors
Xiaodong Jia
Corresponding Author
Xiaodong Jia
Available Online November 2015.
- DOI
- 10.2991/emle-15.2015.31How to use a DOI?
- Keywords
- shadow banking; social financing; economic development; VAR
- Abstract
Since the financial crisis in 2007, shadow banking system has caught the attention of the world. The shadow banking system of China manifests itself in a pattern and influence that are different from the Western ones. As a “double-edged sword” to economy, shadow banking has its positive and negative effects. With the backing of quarterly date from year 2007 to 2014, analysis on the relations between China’s economy and development of shadow banking is carried out from angles of financing demander, supplier and bank based on VAR model and impulse response analysis method, so that policy reference for the development of shadow banking in China.
- Copyright
- © 2016, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Xiaodong Jia PY - 2015/11 DA - 2015/11 TI - Analysis of Factors Influencing the Development of China’s Shadow Banking Industry Based on VAR Model BT - Proceedings of the 2015 International Conference on Economics, Management, Law and Education PB - Atlantis Press SP - 135 EP - 140 SN - 2352-5398 UR - https://doi.org/10.2991/emle-15.2015.31 DO - 10.2991/emle-15.2015.31 ID - Jia2015/11 ER -