| After nearly 40 years of development, the financial industry agglomeration has become the basic form of modern financial industrial organization. Shandong Province is a strong province for its economy and population is facing a new round of regional competition and the central city competition. In recent years, the financial industry in Shandong Province has developed rapidly, but there are a series of problems such as unbalanced regional development, single financial industry structure. So it is of great significant to study the basic situation of the financial industry agglomeration in Shandong Province for the development of the financial industry itself and by relying on the financial industry to achieve economic and enhance the overall competitiveness. Specifically, how to achieve the agglomeration of financial resources in the area of Shandong Province, and through the development of the regional financial center gathered radiation effect, promote the rapid development of the regional economic equilibrium in Shandong Province.This article discusses the situations of the financial industry agglomeration level and radiation effects of the 17 cities in Shandong Province. This paper selects 14 indicators of economic and finance from 2009 to 2013 of the 17 cities in Shandong Province to study and analysis of the financial industry agglomeration level. The discussion for the financial industry agglomeration level mainly concentrated in two aspects: one is the relationship between the measure of the financial industry agglomeration effect and economic development; Second, the financial industry agglomeration effect of radiation. By using actor analysis, spatial econometrics and Wilson principle of maximum entropy methods, this paper analyses the financial industry agglomeration in Shandong Province systematically and scientifically. The empirical results show: the financial industry agglomeration in Qingdao, Jinan and Yantai City, Shandong Province, is the highest, which closely related to its geographical advantage, economic development scale, the excellent policy environment and perfect infrastructure. Southwest cities here etc. are limited to its openness and scale of economic development, the effect of its financial industry agglomeration was weak. From the trend of the time to see most of the cities in Shandong Province is affected by the financial crisis, from 2009 to 2011, the financial industry cluster level showing a downward trend, but in the 2012 and 2013 under the drive of industry reform and development, the financial industry agglomeration level and gradually recovering. On the above conclusions, this paper puts forward the corresponding policy recommendations. |
