The Impact Of Financial Market Integration On Technological Innovation In Chengdu-chongqing Economic Circle

The financial integration of Chengdu and Chongqing region are important to the economic and financial construction.This paper takes the regional financial integration and its impact on technological innovation as the main research line,selects economic data from 2010 to 2020,constructs an econometric model,and studies and analyzes the regional financial integration and its impact on technological innovation.This paper first observe the main characteristics of Chengdu and Chongqing financial development.Then used the F-H model to measure the degree of financial integration of Chengdu and Chongqing economic.The results show that the level of financial integration of Chengdu and Chongqing economic needs to be improved.And the local government is making efforts.Finally,the influence of financial integration on technological innovation of Chengdu-Chongqing economic circle is analyzed,and it is found that the policy effect has not appeared because of the short time of establishment.Based on the research results of this paper,four suggestions are put forward to promote Chengdu-Chongqing financial integration.