Research On The Financial Inclusive And Spill Over In Northwest Religion

"Financial inclusion" concept was presented in early 2005, after 10 years of exploration, the State Council issued in 2016 to promote the development of inclusive financial planning, inclusive finance practice in China is deepening. China’s vast territory, there is a more obvious differences in the regional economy, economic development in Northwest relatively central, eastern slightly behind, the Northwest’s economic construction and the development of financial inclusion should receive more attention, self-dual structure and regional economic differences from shrinking point of view, the development of inclusive financial conducive to accurate poverty reduction. In improving the level of financial inclusion and economic growth, whether to boost consumer spending and boost the process of urbanization? It reflects the spillover effects of inclusive finance.In this paper, the three effects inclusive finance theory and financial development of the research foundation, on this basis, from both supply and demand analysis of the financial status of the five northwestern provinces, followed by inclusive finance to build a financial level measurement index system five northwestern provinces, and using this index from 2004- 2014 Northwest five provinces were the actual evaluation, we analyze the factors affecting the level of the five northwestern provinces inclusive financial level, and finally the use of 2004- 2014 provincial panel data empirical test, further Description inclusive financial spillover effects on household consumption and urbanization.Articles can be divided into seven chapters, it is based on the theory- the idea of constructing the framework Measures- An Empirical. The first chapter, the second chapter is the theoretical basis and the spillover effects of the financial development of inclusive finance; the third chapter in Northwest China as the background to start the inclusive financial situation analysis; the fourth chapter, inclusive finance Indices and methods of review and summarize, reference has been IFI index, the five northwestern provinces to build inclusive financial indices(IFI), and so established the three dimensions. Based on this, the five northwestern provinces of inclusive financial evaluation of the actual level, to obtain general overview of the five northwestern provinces of financial services, the first of the five northwestern provinces financial services outlets and a brief analysis of loans and determines the basis of the chapter dimensions and calculation methods, the five northwestern provinces 2004-2014 inclusive financial level were actual calculation from the vertical point of view, 2004-2014 years, the five northwestern provinces inclusive financial level has been significantly improved; lateral view, different the presence of an inclusive financial level between provinces is a big gap, Shanxi, Ningxia, owned the higher the overall level of inclusive finance. The fifth chapter in the domestic and international levels on inclusive finance related research factors on the basis of an inclusive financial impact of proposed level of relevant indicators, and the use of panel data models northwest five provinces were empirical research, from research results, the tertiary industry pulling rate, urbanization rate, between the level of education and highway mileage and inclusive finance that was a significant positive correlation, while the first industry pull rate significantly negative impact it was. Chapter VI selection of Granger causality test, cointegration test, panel VAR model impulse response and variance decomposition of inclusive financial spillover effects were studied by analysis we found that inclusive finance certain extent, promote the development of the consumer, but effect required to appear in the first six; and the development of urbanization inclusive financial performance for the promotion of mutual relations, indicating inclusive finance for the five northwestern provinces have spillover effects of economic development.Policy Implications These conclusions are implied to enhance district level five northwestern provinces inclusive finance, financial institutions must increase the number of outlets to strengthen and improve the regional financial infrastructure; seize the opportunity to upgrade the industry, combined with towns, education and transport are the impact and momentum; deregulated financial market restrictions and speeding up the process of urbanization and consumption upgrade.