Notice of RetractionResearch on the relationship between capital investment and bank credit

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.

This paper study the efficiency of Chinese credit market from the view of firms´ investment efficiency. The author find that the higher degree of the over-investment, the more long term loans they got. But for firms that under-invest, the degree of underinvestment has no significant influence on any of long term loans or short term loans. This paper contributes to the literature of credit rationing and provides evidence for the credit decisions of banks and the reform about Chinese banks.