Research Article
Threshold Effect of Financial System on High-Quality Economic Development
Table 2
Construction of financial system indexes.
| Construction of financial system index | Subindex |
| Macroeconomy | Economic growth rate |
| Macrofinancial institutions and markets | Financial deficit/GDP | Total amount of credit/GDP |
| Microfinancial institutions and markets | Loan balance/deposit balance | Real estate value/GDP | Nonperforming ratio |
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