Evaluation Of Innovation Of Financial Institutions In Jiangxi Province And Exploration The Ways Transmissing To Regional Economic Development

The more quickly as cities growing up,the more complicated with the economic development,and the composition of financial institutions tends to be more diversified.Therefore,it is very important to study the relationship between the development of financial institutions and the development of regional economy.This paper starts with analyzing the GDP development,the third industry GDP development and financial industry GDP development of Jiangxi province in East China,for getting some statistical characteristics of these developments.The second part of the paper is calculating fir and fie to describe the development characteristics of Jiangxi's credit base on deposit and loan datum.Next study part of the paper is using the bank institutions management state in East China area between 1996 and 2016 to define an index named HHI,which is been built by the conception of Herfindhal Diversified Index(HDI).The HHIs are classed to two kinds,one is calculated with provincial datum,the other with Jiangxi urban datum.With the HHIs of the 7 areas in East China,the paper manages to calculate Morans' ? and Morans' ? to get the differences of Jiangxi province's financial institution innovation under the spatial effects with the other 6 areas.With the HHIs of the 11 cities in Jiangxi province,the paper manages to calculate Morans' ? to know how the relationships between adjacent areas make the areas' economical and financial institutions growing up different.On the one hand,the results of whole research show that the overall level of financial institution innovation in East China presents a spatial agglomeration effect as well as the result of inner spatial research in Jiangxi's 11 cities showing.On the other hand,except Jiangxi province,the other areas' financial institutions innovation in East China produce a comprehensive negative impact on financial institutions innovation on Jiangxi's.According to above research findings,the paper manages to built three spatial panel models SEM,SAR and SDM to explore the relationships between financial institution innovation and economic development by the ways of financial development,optimizing industrial structure,people's income level and the use of foreign investment funds.If several ways are comfirmed to be existing,it's need to do some tests to know the ways are significant existed.Actually,the models coefficients support the financial institution innovation of Jiangxi province promotes Jiangxi economic development effectively by two ways: financial development and industrial structure optimization.Unfortunately,the results do not provide enough evidences to confirm the use of foreign capital,transformation efficiency of financial institutions capital and the resident deposits have real impacts on Jiangxi's economic development.Finally,according to according to the results of the research on the steric effect of Jiangxi's financial institutions innovation and the estimation results of the spatial panel models,the paper put forward some feasible suggestions which are related to the conclusion and combined with relevant policy,current economic situation and social status of Jiangxi province.