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Academic Journal of Business & Management, 2022, 4(3); doi: 10.25236/AJBM.2022.040304.

An Empirical Study of the Impact of Financialization of the Economy on China's Economic Growth


Zhanzhu Ye, Yunyan Huang

Corresponding Author:
Zhanzhu Ye

Faculty of Business, City University of Macau, Macau, China


This paper compares the development of economic growth theories, and explains the mechanism and influence pathways of economic financialization on economic growth. Relevant economic development data of 34 provincial administrative units in China for 2017 years are collected, and the impact of two variables, such as technology investment and financial investment, on economic aggregates is analyzed through a multiple linear regression model, and it is found that the deep development of China's financial market has begun to impede economic growth, and relevant policy suggestions are put forward on this basis.


Financialization of the Economy; Economic Growth; Impact Mechanism; Policy Recommendations

Cite This Paper

Zhanzhu Ye, Yunyan Huang. An Empirical Study of the Impact of Financialization of the Economy on China's Economic Growth. Academic Journal of Business & Management (2022) Vol. 4, Issue 3: 22-26. https://doi.org/10.25236/AJBM.2022.040304.


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