Proceedings of the 2018 4th International Conference on Education Technology, Management and Humanities Science (ETMHS 2018)

Study on Regional Differences between Financial Agglomeration and Economic Growth

Authors
Jinhua Liang
Corresponding Author
Jinhua Liang
Available Online April 2018.
DOI
https://doi.org/10.2991/etmhs-18.2018.58How to use a DOI?
Keywords
financial risk; financial management; money growth; agglomeration; economic growth forecast
Abstract
In the paper, threshold of financial agglomeration and regional economic growth in Zhejiang Province from 2002 to 2016 was studied using threshold panel model. The test result indicates that the relationship between financial agglomeration and regional economic growth was not merely simple linear function relationship, but mingled with "double threshold effect". That is, when the financial agglomeration level was low, the increasing of financial agglomeration can inhibit economic growth; when the financial agglomeration level was in the medium range, the increasing of financial agglomeration can promote economic growth effective; and when the financial agglomeration level was relatively high, the increasing of financial agglomeration has adverse effect on economic growth. Hence, the writer puts forward strengthening coordination between financial industry and other industries, introducing financial talent, increasing financial resource turnover and improving infrastructure construction.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Jinhua Liang
PY  - 2018/04
DA  - 2018/04
TI  - Study on Regional Differences between Financial Agglomeration and Economic Growth
BT  - 2018 4th International Conference on Education Technology, Management and Humanities Science (ETMHS 2018)
PB  - Atlantis Press
SN  - 2352-5398
UR  - https://doi.org/10.2991/etmhs-18.2018.58
DO  - https://doi.org/10.2991/etmhs-18.2018.58
ID  - Liang2018/04
ER  -