The Research Of Financial Industry Agglomeration Effect On Regional Economic Growth

The financial industry is an important industry in national economy,belongs to the productive service industry,its spatial distribution and concentration have important influence on the regional economic growth.In view of this,this paper constructed the financial industry agglomeration of panel data model of regional economic growth,on this basis,by adding the marketization process to construct threshold regression model,the comparative study,the marketization process influence the level of effect of financial industry agglomeration on regional economic growth,the higher marketization process can make the financial industry agglomeration effective on regional economic growth.Therefore,in the process of the building model of financial industry agglomeration effects on regional economic growth,bring in the influencing factors of the marketization process is necessary.The differences of regional economic base lead to a larger difference of the financial industry agglomeration level between the eastern,central and western areas in China;Imbalanced marketization process among different regions,result in the unbalance effect of the financial industry agglomeration on economic growth among different regions.In terms of the actual situation in our country at present,the higher levels of regional marketization,the relatively faster of economic development speed,a lot of financial resources will be focus on the corresponding areas more quickly,further to formation the financial industry agglomeration situation;The importance of financial industry determines its spatial agglomeration can be more conducive to the real economy development,and promoting regional economic growth. So with that being said,the unbalanced economic base and marketization process between regions result in the unbalanced level of financial industry agglomeration,thus the effect of the financial industry agglomeration on regional economic growth would also be affected.In order to make the financial industry agglomeration better play on promoting regional economic growth, we should adopt some measures,such as continue to pushing forward financial marketization reform, carrying out policy-based finance reasonable and coordination regional economic development, improve the liquidity of financial resources among different regions, alleviate the growth gap between regions, provide good soft environment for the financial industry agglomeration to promote regional economic growth. On the one hand, the underdeveloped area government should speed up the marketization process, try to reduce the intervention of regional economy, actively building effective hard and soft environment to promote the financial resources rational flow, through the financial industry agglomeration formation a new growth point of regional economic,so as to accelerate the regional economic growth; on the other hand,although developed regions has the advantage of the financial industry agglomeration, but its utilization of financial resources has not yet reached its matching degree of economic development level, so the developed region in improving the efficiency of financial resources at the same time, also should to through spreading the financial industry to the underdeveloped area to achieve efficient use of financial resources, so as to promote the coordinative development of regional economy.