Banking Industry Structure and Economic Growth: The Spatial Econometrics Research on Guangdong Province and Hunan Province
利用2001-2011年广东和湖南两省数据，研究发现银行存款和贷款集中度与经济增长负相关，且当前存款集中度的负面影响更大。
This paper defined the banking market structure as deposit concentration and loan concentration, and focus on the Guangdong Province and Hunan Province which associated with the transfer of industries. Using the relevant data from 2001 to 2011, we studied the relationship between banking market structure and economic growth. The results of ordinary linear regression show that the deposit concentration and loan concentration showed a significant negative correlation with economic growth. Considering that the differences of spatial among cities may have an impact on the results, we tested the spatial autocorrelation test and established the current spatial lag model and intertemporal spatial error model. Regressions results show that, compared to the initial deposit concentration, the current deposits concentration have a greater negative impact on economic growth.