Regional Economic Growth In The Chinese Financial Gathering Factors Research

Capital,labor,technology,institution,and financial development,etc.are thought to be main factors of affecting economic growth in the present articles. This dissertation discusses the relations between finance and economic growth from financial agglomeration point of view, and provides empirical and theoretical analysis of the connotation of financial agglomeration, of the reasons engendering the financial agglomeration, of the mechanism between financial agglomeration and regional economic growth, of the measuring index of financial agglomeration degree,and of the relations between financial agglomeration and regional economic growth from finance, regional economics, development economics and financial geography point of view.Firstly, giving a clear explanation of the connotation of financial agglomeration. The financial agglomeration is not only , to some extent ,a concentrative reflection of putting financial institutes,fianancial market,fianancial products, financial information,financial innovation,fmancial personnel and financial culture together,but also a dynamic process of dense change combining financial resources with regional movement ,that is, the financial agglomeration is a process or a phase of financial development and financial growth.Secondly, exploring promotive factors of financial agglomeration. Based on the analysis of the factors influencing the financial agglomeration, the author analyzes a mechanism dominated by administration and another one dominated automatically by market from two aspects: administration and market.There exist two financial agglomeration models matching with these two mechanisms,that is, one model dominated by administration and the other dominated by market.Thirdly, exploring the relations between the financial agglomeration and the regional economy growth. The dissertation analyzes the effects of the financial agglomeration,the evolution and development process of financial agglomeration according to financial functions.With the help of the financial functions,financial agglomeration shows its agglomerate effect and promotes regional economic growth. Fourthly, building the financial agglomeration index system, quantitatively analyzing the regional financial agglomeration discrepancy.From different aspects influencing financial agglomeration to build index system.And then,using principal component analysis to calculate the indexes of the thirty-one provinces and municipalities which have been taken as samples to study regional financial agglomeration discrepancy.Fifthly, empirically analyzing the relations between financial agglomeration and regional economic growth.Using panel data to set up the production function model of regional economy and the production function model of financial industry,empirically analyze the relations between financial agglomeration and regional economy growth,financial agglomeration and financial industry.Sixthly, taking West China as an example, empirically analyzing the relations between financial agglomeration and economic growth.On the basis of comparing with East China,the dissertation discusses the causes of financial agglomeration differences in West China and puts forward policy suggestions for promoting financial agglomeration and economic growth in West China.Finally, eliciting the policy connotation.The financial agglomeration is a process of dynamic change. So it is very crucial for Middle and West China to bring the role of strong administration into full play,to cultivate local advantages,to strengthen the construction of financial agglomeration area ,such as building regional financial centre,financial development pole and financial point d'appui,etc.during the period of economic development and transformation,.All these can promote regional economic growth;meanwhile,it is also important for East China to bring market into full play in collocating financial resources,to build international financial ,national,regional financial centre,etc..In a word,planning the regional economy development as a whole will promote economic society development in harmony.