Andersson, Fredrik N. G.; Burzynska, Katarzyna; Opper, Sonja - 2013
This paper provides the first comparative analysis of different types of publicly owned banks operating in China … between 1997 and 2008. Using principal component analysis and Granger-causality tests, this study shows that China's state … commercial banks did promote domestic growth. China's experience presents a more nuanced picture of state banking that goes …