Research On The Spatial Impact Of The Collaborative Agglomeration Of Finance And Technology Industries On Regional Economic Efficiency

In the past two decades,China's economic growth has been showing a rapid growth year after year,reaching a peak of 14.23% in 2007.However,since the fall of the 7% mark in 2015,China's economic growth has entered a period of structural deceleration from high-speed to medium-high speed.How to achieve economic transformation and return to high-speed track has become a major problem that China must face and solve.At the national and local government levels,relevant policies have been issued to support the joint development of the financial industry and the science and technology industry to promote the transformation and upgrading of the economic structure.Then,in the context of the initial economic transformation,the reasons for the formation of the synergy between the financial industry and the technology industry are discussed.The influence of integration development on the transformation and development of regional economy seems to have theoretical and practical significance.The research content of this paper is mainly based on the following points: First,the combination of theoretical analysis and empirical test,from the theory of industrial agglomeration,structural upgrading and spatial panel model,analyzes the relationship between the financial industry and the scientific and technological industry's coordinated agglomeration and economic transformation;China's financial industry and technology industry synergy agglomeration and economic transformation overview and impact research.Including the development status of the agglomeration and economic transformation,the reasons for the formation of the synergy between the two,and the path to the economic transformation;Third,consider the spatial differences between the financial industry and the cluster of science and technology and economic transformation in the development level of each city,and Spatial correlation analysis was carried out to establish a spatial Dubin model,analyze the empirical conclusions,and provide suggestions for the integration development,industrial structure optimization and economic transformation of China's financial and technology industries.The conclusions show that the development of China's financial industry and science and technology industry has a synergistic agglomeration trend.At the same time,the global Moran's I index value of the synergistic agglomeration of the two is significantly greater than zero,indicating that there is a spatial difference distribution between the financial industry and the technology industry in China.High agglomeration and high economic efficiency cities are concentrated in the eastern region;the non-spatial impact coefficient of the synergy of the two industries on the local economic efficiency is significantly positive,which proves that the synergistic agglomeration of the two can enhance economic efficiency through various intermediate paths.At the same time,the spatial impact coefficient of the synergy between financial industry and technology industry on economic efficiency is also significantly positive,which proves that the synergistic agglomeration of the two industries has a positive spatial spillover effect,That is to say,the synergistic agglomeration of the two has a certain degree of improvement on the economic efficiency of neighboring cities.