Proceedings of 2016 2nd International Conference on Humanities and Social Science Research (ICHSSR 2016)

A Factor Analysis on the Financial Industry Agglomeration of Beijing

Authors
Pengyuan Xu, Meiqing Zhang
Corresponding Author
Pengyuan Xu
Available Online July 2016.
DOI
https://doi.org/10.2991/ichssr-16.2016.53How to use a DOI?
Keywords
Financial Industry Agglomeration, Factor Analysis, Common Factors
Abstract

This paper describes the characteristics of financial industry clusters of Beijing and discuss the factors affecting those, using factor analysis to extract common factors from the hypothetical indicators that may affect the financial industry gathering. Research shows that Beijing's financial industry has a high local degree of specialization, and its degree of agglomeration shows a strong positive correlation with the "modernization factor" on behalf of indicators representing the degree of modernization of Beijing's per capita income, level of information and economic system, and "human capital factor" representing Beijing's human capital.

Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of 2016 2nd International Conference on Humanities and Social Science Research (ICHSSR 2016)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
July 2016
ISBN
978-94-6252-235-0
ISSN
2352-5398
DOI
https://doi.org/10.2991/ichssr-16.2016.53How to use a DOI?
Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Pengyuan Xu
AU  - Meiqing Zhang
PY  - 2016/07
DA  - 2016/07
TI  - A Factor Analysis on the Financial Industry Agglomeration of Beijing
BT  - Proceedings of 2016 2nd International Conference on Humanities and Social Science Research (ICHSSR 2016)
PB  - Atlantis Press
SP  - 251
EP  - 256
SN  - 2352-5398
UR  - https://doi.org/10.2991/ichssr-16.2016.53
DO  - https://doi.org/10.2991/ichssr-16.2016.53
ID  - Xu2016/07
ER  -