The Influence Of Financial Supply To Economic Growth Of The Poles

The view of Economic Growth Pole shows,a country's economy can be developed through the development of “pole” by allocating limited financial resources in high efficiency areas,then "the polarization effect" will gradually promote other areas' development for comprehensive development.This thesis studies the major three Economic Growth Poles in China,explores the inner mechanism and laws of regional economic and financial development theoretically and practically,builds a relatively systematic and comprehensive research approach and analysis system.With the backdrop of China's "New Normal",this thesis provides a way of thinking of economic growth and new ways of development.In this thesis,the main research and conclusions are as follows:(1)Take China as the research case,Based on the theory of economic growth pole and regional financial development,it analyze the study from "poles financial resources supply system-a single economic growth pole of economic input and output efficiency-the differences of effect between financial factorsand economy elements of the growth pole " three levels as the breakthrough point.To take the way of "theory + case" to carry out the research aims.(2)The establishment of theory model of financial elements on the economic growth pole.Based on dynamic general equilibrium analysis framework,this thesis embeds “DGE” model in the study of the financial parameters,builds three sub models of “enterprise--family--foreign trade”,constructs equilibrium relationship of mathematical expressions of investment,consumption,exports and financial factors.(3)The establishment of theoretical framework of Economic Growth Pole of the financial supply system.This thesis builds financial resources power assessment system in terms of Economic Growth Pole,utilizes factor analysis for scientific,effective and comprehensive evaluation.This thesis also constructs framework of financial transactions subject competitiveness analysis,involving three kinds of competitiveness of the large-scale development,innovation and sustainable development.Moreover,this thesis establishes financial markets object index theory model,involving four-layer evaluation,risks,benefits,potentials etc.It constructs a quantitative evaluation of capital cost in terms of Economic Growth Pole.(4)The investigation of the financial efficiency of Economic Growth Pole.Tested Empirically by Jeffrey Wurgler Model on single Economic Growth Pole,this thesis finds out the "asymmetry" of the financial allocation on internal industries under the Economic Growth Pole,studies on how to use our country's financial resources to promote the Pareto Efficiency in emerging economies.(5)The difference of different Economic Growth Pole on economic development.This thesis picks three Economic Growth Poles formed in different time in China to study their differences on economic development on the basis of theoretical researches and through VAR model,Johansen Test,IRF function and ANOVA technical means.