Study On Regional Risk Spillover Effect

Financial risks at home and abroad have extensive research, especially the formation of a wave of recent research on financial risk, but in a number of studies in the literature, but few studies on regional economic risks, especially with regard to regional economic risk spillovers Research is even more uncommon. At this stage, our economic exchanges between regions gradually close. With the rapid development of economy, growth in the advanced stage of development of the region, increasing the size of resource development, rapid expansion of urban and industrial areas out, intraregional industrial structure and spatial structure has become more complex, presenting from the point to the surface development of the situation, the industry has gathered to spread. Followed by the emergence of a variety of discordant voices within the region as a result of the economic risks have external characteristics, tend to spread rapidly across the region through various channels, the risk of spillover effects caused by systemic risk. Geographical distance between different regions, while simultaneously impact of regional economic risks, which affect the results are not the same. For this reason, research on regional geographical distance spillover effect relationship between economic risk has important practical significance.From the perspective of financial geography, regional economic risk theory, by transplanting financial risk model to study the geographical distance spillover effects on the regional economy as well as the risk of infection characteristics. The study found that despite the rapid development of science and technology information and reduce transport costs to a certain extent, so that economic activity across space constraints and geographical factors, but the risk of infection distance regional economic factors still play a leading role. The study found that the regional economic risks have spillover effects in the economic stability of the spillovers have characteristics with increasing geographical distance; and in the financial crisis, with the geographical distance has a spillover effect of diminishing characteristics. In the stationary phase, regional Chinese economy close geographical distance, the economic trade frequently, relatively developed areas larger bear the economic risk of impact on the geographical distance similar places. Therefore, the introduction of various types of local government in place before the economic risks, we must carry out inter-regional coordination, to fully consider the risk of spillover effects of regional economic regional spillovers arising between to prevent flooding.