County Banks Promote Local Economic Development

Most of the foreign banks are small and medium-sized banks,and these small and medium-sized banks are mostly community banks,they are in a certain community within the scope of the principle of market-based independent,independent operation,serving small and medium enterprises and individual customers of small and medium-sized banks.In the United States,as of 2015,94% of banks can be divided into community banks,6% of banks for large banks,the formation of this phenomenon is due to the development of small and medium enterprises,and community banks to further promote the development of the local economy development of.In the western developed countries,the study of community banks to promote local economic development has formed a relatively complete theoretical system.In China,with the deepening development of China's market economy,the study on the support of local economic development by county banks has begun to take shape,mainly focusing on the development of county banks and the transformation and upgrading of the study.This paper is divided into five parts,the contents of each part include:Part ?: Introduction.This paper mainly introduces the research background,the research significance and the related research status at home and abroad,and the research ideas and frame structure of this paper.Part ?: Introduced in this paper,we study involves the basic concepts and theoretical basis.Include: the type and characteristic of county bank,endogenous economic growth theory,including romer and Lucas endogenous economic growth theory and the relationship between the bank and the endogenous economic growth,introduction to the theory of financial development.Part ?: The county Banks promote the economic development analysis of the status quo.Include: the role of county bank in local economic development,the effect to promote the development of economy,the county county bank to promote economic development.Part ?: The county bank empirical analysis to boost the growth of county economy.Including OLS regression and granger causality analysis.Part ?: The necessity of the transformation under the new situation of county bank development and direction.