An Analysis of Influence of Financial Development on Employment of Farmers and Herdsmen in Three Regions in South Xinjiang

  • Da Tanfeng ,
  • Li Su
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  • Xinjiang University of Finance and Economic, Urumqi 830012, China

Received date: 2017-07-28

  Online published: 2020-11-17

Abstract

It shows that financial development will have a positive impact on employment and employment structure change by influencing economic growth, technological progress, industrial structure and urbanization level theoretically and practically. Using variables panel data on farmers and herdsmen of three regionsin south Xinjiang from the year 2010 to 2015, this paper carried on an empirical analysis of employment promotion effect of financial development of these three regions by using econometric method. Results show that after controlling other important variables affecting employment, the financial development of south Xinjiang has played a significant role in promoting employment, which suggests that the development of financial industry has important effect on expanding employment in less developed areas. In addition, in view of the current problems and deficiencies in financial industry in promoting employment poverty reduction, this paper puts forward policy suggestions on how to further improve and perfect the system of financial employment support.

Cite this article

Da Tanfeng , Li Su . An Analysis of Influence of Financial Development on Employment of Farmers and Herdsmen in Three Regions in South Xinjiang[J]. Finance & Economics of Xinjiang, 2017 , 0(6) : 5 -12 . DOI: 10.16716/j.cnki.65-1030/f.2017.06.001

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