| The updating of industrial structure is an important process in the developmentof modern economy. As an important motivation of economic, finance support for theupdate of industrial structure. As the "old industrial base" of china, Liaoning provincehas a high range of traditional industries, but a low range of new industries andhigh-tech industries, the industrial structure has to be changed immediately. This textcombine industrial structure updating theories and finance support theories, usingtheoretical and empirical analysis, analyze the finance support effect in the industrialstructure updating of Liaoning province, in expect to offer policy suggestions to givethe industrial structure updating more finance supports. First, this text analyzes thetheory of how the finance development supports the industries structure updating.Second, introduce the current situation of finance development and industriesstructure updating of Liaoning province. Third, using VAR model empirical analysesthe finance supports and industries structure updating with the data from1991to2012,draws a conclusion that the finance support and industries structure updating have along term steady causal relationship, and determine the contribution degree of eachfinance support index using variance decomposition. Last, provide the policy suggestsof finance supports to industries structure updating of Liaoning province inaccordance with theory and demonstration consequence. |
