Research On The Coupling Relationship Between Economic Growth And Financial Development In Gansu Province

Modern economic growth theory and the practice confirms that there is a close interaction between economic and financial development.Studying the relationship between the two systems plays an important role in the development of a country or a region.At present,China needs to change its pattern of economic development badly.And its reform offinancial system has also entered the important stage.It is helpful to explore the relationship between the economic growth and financial development system,it can lay the foundation of the national economy and for the financial industry to promote the sustainable development.At the same time,Gansu province's level of economic development has a great gap compared with the national average level.How to make the financial development and economic growth in Gansu province coordinating and unifying,ant let the financial system promote the economic development,is particularly crucial.First,on the basis of the theory about economic growth and financial development,this paper has analyzed the mode of action between the two system.Second,building the comprehensive evaluation index system of econimic growth and financial development,and conducting descriptive statistical analysis of the economic and financial situation in Gansu province.Third,measuring the comprehensive score of economic growth and financial development respectively of Gansu province from 2000 to 2015 by factor analysis.Finally,useing the coupling development model to analyze the coupling relationship between economic and financial development in Gansu province from 2000 to 2015,and analyze its developing trend.According to the analyses of above mentioned,appropriate conclusions can be made as follows: The level of economic and financial development in Gansu province have increased gradually since 2000,but the level of financial development lagged behind.And their coupling capability has increase gradually too.However,the level of financial development in Gansu province is still in initial stage,it can't promote the economic development effectively.This stimulation effect will increase gradually along with the development of economic and finance.