Proceedings of the 3rd International Conference on Economy, Management and Entrepreneurship (ICOEME 2020)

Measurement and Evaluation of Regional Financial Integration in Guangdong, Hong Kong and Macao: Based on the Panel Data from 2000 to 2018

Authors
Shizhong Xiong, Dongxu Yang, Xiaofang Xiong
Corresponding Author
Shizhong Xiong
Available Online 8 September 2020.
DOI
https://doi.org/10.2991/aebmr.k.200908.014How to use a DOI?
Keywords
Guangdong-Hong Kong-Macao Greater Bay Area, regional financial integration, measurement, empirical analysis
Abstract

Financial integration is the trend and hub of China’s contemporary high-quality economic development and regional financial integration is an important carrier to realize the coordinated and stable development of regional economy and promote financial innovation. Taking the Guangdong-Hong Kong-Macao Greater Bay Area as an investigation object, this paper collects the panel data of 11 cities in the bay area from 2000 to 2018, and constructs a model of financial integration measurement by using the price method, quantity method and principal component analysis. The empirical results show that with the extension of time, the level of regional financial integration continues to improve, but it is still at a low level and in an urgent need to improve to a certain extent. In view of this prominent problem, relevant policy suggestions are put forward.

Copyright
© 2020, 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/).

Download article (PDF)

Volume Title
Proceedings of the 3rd International Conference on Economy, Management and Entrepreneurship (ICOEME 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
8 September 2020
ISBN
978-94-6239-052-2
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200908.014How to use a DOI?
Copyright
© 2020, 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  - Shizhong Xiong
AU  - Dongxu Yang
AU  - Xiaofang Xiong
PY  - 2020
DA  - 2020/09/08
TI  - Measurement and Evaluation of Regional Financial Integration in Guangdong, Hong Kong and Macao: Based on the Panel Data from 2000 to 2018
BT  - Proceedings of the 3rd International Conference on Economy, Management and Entrepreneurship (ICOEME 2020)
PB  - Atlantis Press
SP  - 85
EP  - 90
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200908.014
DO  - https://doi.org/10.2991/aebmr.k.200908.014
ID  - Xiong2020
ER  -