DocumentCode
3286319
Title
Notice of Retraction
A Cointegration Analysis on the Relationship between Financial Aggregation and Regional Economic Growth
Author
Shucheng Li ; Yi Ding ; Lin Li
Author_Institution
Sch. of Bus. Adm., Hunan Univ., Changsha, China
Volume
3
fYear
2009
fDate
15-17 May 2009
Firstpage
446
Lastpage
449
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.
Currently, domestic and foreign financial institutions are concentrating on a particular city. It cause the financial industry highly concentrated. And financial concentration plays an important role on regional economic growth. Space gathering has become the trend of financial services development. And financial concentration is playing an important role on regional economic growth. By constructing the VAR Model, This paper did a coninertration analysis on the Yangtze River Delta date of deposit & loan amount, Securities transactions value, Premium income and GDP during 1991 to 2007. We find there is a long-term equilibrium relationship among financial Aggregation and Shanghai economic growth. And the financial aggregation in Shanghai is also affect the economic growth of Jiangsu province and Zhejiang province.
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.
Currently, domestic and foreign financial institutions are concentrating on a particular city. It cause the financial industry highly concentrated. And financial concentration plays an important role on regional economic growth. Space gathering has become the trend of financial services development. And financial concentration is playing an important role on regional economic growth. By constructing the VAR Model, This paper did a coninertration analysis on the Yangtze River Delta date of deposit & loan amount, Securities transactions value, Premium income and GDP during 1991 to 2007. We find there is a long-term equilibrium relationship among financial Aggregation and Shanghai economic growth. And the financial aggregation in Shanghai is also affect the economic growth of Jiangsu province and Zhejiang province.
Keywords
economic indicators; financial management; Jiangsu province economic growth; Shanghai economic growth; Zhejiang province economic growth; cointegration analysis; domestic financial institutions; financial aggregation; financial concentration; financial services development; foreign financial institutions; gross domestic product; Business; Cities and towns; Econometrics; Economic indicators; Geography; Information analysis; Information technology; Production; Reactive power; Rivers; Cointegration Analysis; Financial Aggregation; Regional Economic Growth; styling;
fLanguage
English
Publisher
ieee
Conference_Titel
Information Technology and Applications, 2009. IFITA '09. International Forum on
Conference_Location
Chengdu
Print_ISBN
978-0-7695-3600-2
Type
conf
DOI
10.1109/IFITA.2009.297
Filename
5232156
Link To Document