The Research On The Influence Of China Urban Commercial Banks Development On Territorial Economy

Urban commercial banks are an important part of the financial industry and banking industry.Since the 1930 s,western developed countries realized the importance of these banks firstly and they began to develop their own urban commercial banks in the form of community banks and local banks.However,China urban commercial banks started relatively late.The practices have only been 20 years since 1995 and it is still in the speed-adjusting shift period of mode exploration and transformation.So,there are many problems to be solved.The most critical question is that urban commercial banks are limited long-distance business and their traditional strength is weakening although local governments want to use urban commercial banks comparative advantage support local industry,residents’ services and economic growth.However,there’s no evidence for mission migration,development of local economy and behavior patterns chosen.So,this not only leads to the local government’s lack of reasonable research and judgment on the specific positioning of urban commercial banks,but also causes the lack of scientific basis for urban commercial banks to make decisions on their own further development.Therefore,it is of great theoretical significance and application value to study the influence of urban commercial banks on local economy.This paper focuses on the impact of the development of urban commercial banks on local economy.Referring to the operation history and business characteristics of foreign urban commercial banks and other types of domestic banks,this paper constructs a dual analysis framework of the development of urban commercial banks in China and its influence on local economy and builds a development level index system to measure on this basis.In this way,the effect and characteristics,mechanism and path,supervision and optimization of the influence of urban commercial banks development on local economy are discussed in depth.Finally,it provides solutions and reasonable suggestions for the existing problems.According to the above research ideas,the main research contents and conclusions of this paper can be summarized into the following seven aspects:First analyze is the discussion and comparative analysis of the development course of China city firms.First of all,this paper divides the key events and important nodes of China urban commercial banks into four stages in order to review the preparation,establishment and development process from the macro level.Secondly,this paper compares China urban commercial banks with foreign banks and other domestic banks in terms of business content,economic impact,regulatory support and so on.Finally,by comparing with the former,this paper puts forward three states that urban commercial banks generally influence local economy,pos itive,negative and undirected.With the help of the comparison with the latter,it reveals the particularity,problem and the necessity of relevant research of the urban commercial banks’ development.Second is the construction of the comprehensive analysis framework for the urban commercial banks’ development and their influence on local economy.First of all,starting from the specific characteristics,service objectives,business content,statistical indicators and influencing factors,this paper sets up an analytical framework to study the development status of urban commercial banks and measure it accordingly.Secondly,combining with the basic characteristics of local economy,this paper sets up an analytical framework to study the influence of urban commercial banks on local economy.Finally,not only fully complements the relevant theories of urban commercial banks,but also lays a foundation for mathematical derivation and empirical research.Third is the empirical analysis of the effect and charact eristics of the development of urban commercial banks on local economy.Firstly,on the basis of local equilibrium theory,this paper constructs a Monti-Klein mathematical model which is mainly studied by urban commercial banks on local economy and extended it by relaxing some key assumptions.Secondly,based on the establishment of the time point and the development time,this paper makes an empirical test of the relationship between the two by using the progressive double difference method and the panel d ata threshold analysis method respectively.Finally,this paper draws the conclusion that the influence of urban commercial banks development on local economy presents a positive relationship in the short term while in the long term it presents a nonlinear characteristic with the change of development scale,efficiency and risk.Fourth is the empirical analysis of the mechanism and path of the influence of the development of urban commercial banks on local economy.Firstly,a mathematical model is established based on theoretical research and hypotheses are put forward for the possible results of various action mechanisms.Secondly,this paper constructs a mediating effect model for local economy,small enterprises,residents,other factors under the influence of the development of urban commercial banks and makes an empirical test for the relationship between them by using the generalized moment estimation method.Finally,this paper draws the conclusion that the development of urban commercial banks can affect the local economy directly through the growth effect and indirectly through the interaction effect and consumption effect.Fifth is the regulation and optimization game analysis of the influence of the development of urban commercial banks on local economy.First of all,this paper introduces the theory of dynamic evolutionary game into the process of judging the relationship between the two and analyzes the basic mathematical models of the behavior of game subjects.Secondly,this paper discusses the evolution and stability strategy,dynamic game equilibrium and numerical simulation of urban commercial banks affecting specific local economic behaviors from the perspectives of cooperation and compliance.Finally,this paper draws the conclusion that under the dual objectives of speeding up its own development and promoting local economy,urban commercial banks will choose cooperation strategy compliance strategy not spontaneously.Sixth is to put forward policy suggestions to make urban commercial banks continue to be beneficial to and serve local economy for a long time.In combination with theoretical exploration,mathematical derivation,empirical test and game analysis,this paper applies the relevant conclusions to solve the problems existing in the process of urban commercial banks’ influence on local economy.It also puts forward policy suggestions on innovation cooperation,small and micro based,convenient service and scientific supervision,and forecasts the future research direction from the perspectives of dynamic evolution,comparative analysis and social welfare.According to the above research contents and conclusions,the innovative achievements and research contributions of this paper can be summarized into the following three aspects:First is to construct a dual analysis framework which is the main body of urban commercial banks behavior research and covers the impact on local economy.This paper reveals the particularity and necessity of the relevant research from the perspective of the background,development course and operation nature.Thus,a complete analysis framework based on specific characteristics,service objectives,business content,statistical indicators and influencing factors is established and on this basis relevant studies on local economy are introduced to build a dual analysis framework to analyze the relationship between the two.At the same time this article is based on the city development of firm scale,efficiency and risk of collection the three dimensions of all kinds of index to measure the development level of the city of 134 banks to make up for past intuitive judgment or the defects of single index to estimate,realized with city business development impact the fundamental research and the objectivity of the local economy.Second is to find out the effect characteristics and action path of urban commercial banks’ influence on local economy.This paper attempts to further expand the applicable scope of financial development theory,economic growth theory,local equilibrium theory and other related researches centering on urban commercial banks and their influence on local economy.Based on the model building and mathematical derivation,a series of hypotheses are put forward for the analysis content,and then combined with the difference in the development time of urban commercial banks,the effects and characteristics of which will have a positive impact on local economy in the short term and a nonlinear relationship in the long term are respectively revealed by using the asymptotic double difference method and the panel data threshold analysis method.Similarly,this paper also introduces the mediating effect model and the generalized moment estimation method of the system,and expounds the direct mechanism of the influence of urban commercial banks on local economy and the indirect mechanism of the influence through small,medium and micro enterprises and urban residents.Thus,forming a comprehensive description of their relationship based on econometric analysis and empirical test.Third is to deeply analyze the behavior pattern and game process of the development of urban commercial banks affecting local economy.In this paper,the dynamic evolutionary game theory is applied to the study of cooperative behavior and compliance behavior of urban commercial banks.The dynamic equilibrium point is found through theoretical analysis and the game process is described through numerical simulation and simulation.Therefore,this paper comes to the conclusion that the final dynamic equilibrium point between city firms and regulators is cooperation when the former is involved in the game and decision,but it will form a cyclic game when the latter is involved in the decision.In this way,it can provide operational policy suggestions for urban commercial banks to focus on service and be more beneficial to local economy.