Proceedings of the 2018 International Conference on Mathematics, Modelling, Simulation and Algorithms (MMSA 2018)

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Impact Mechanism and Effect of Financial Development on Industrial Agglomeration in China

Authors
Xiaowei Yang, Jianjun Xu
Corresponding Author
Xiaowei Yang
Available Online March 2018.
DOI
10.2991/mmsa-18.2018.101How to use a DOI?
Keywords
financial development;industrial agglomeration; impact mechanism; panel data model
Abstract

Based on the perspective of financial function, this paper firstly analyzes the promoting mechanism of financial development on industrial agglomeration, and then takes manufacturing industry for example and constructs the cross-provinces panel data model to analyze the effects of financial development on industrial agglomeration from the financial scale, financial structure and financial efficiency respectively. Theoretical analysis of this article shows that financial development mainly through the mechanism of capital formation, capital-oriented and entrepreneurs formed to promote the development of industrial agglomeration in a country or region. Empirical analysis results show that both the financial scale and financial efficiency remarkably promote the different provinces of the spatial concentration of manufacturing industry, but the financial structure doesn’t adapt to the agglomeration of manufacturing industry. In addition, the results also show that the factors, such as export trade, economic basement, the size of the labor force, urbanization and level of service, play a key role in the development of manufacturing industry in China.

Copyright
© 2018, 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 the 2018 International Conference on Mathematics, Modelling, Simulation and Algorithms (MMSA 2018)
Series
Advances in Intelligent Systems Research
Publication Date
March 2018
ISBN
10.2991/mmsa-18.2018.101
ISSN
1951-6851
DOI
10.2991/mmsa-18.2018.101How to use a DOI?
Copyright
© 2018, 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

risenwbib
TY  - CONF
AU  - Xiaowei Yang
AU  - Jianjun Xu
PY  - 2018/03
DA  - 2018/03
TI  - Impact Mechanism and Effect of Financial Development on Industrial Agglomeration in China
BT  - Proceedings of the 2018 International Conference on Mathematics, Modelling, Simulation and Algorithms (MMSA 2018)
PB  - Atlantis Press
SP  - 456
EP  - 459
SN  - 1951-6851
UR  - https://doi.org/10.2991/mmsa-18.2018.101
DO  - 10.2991/mmsa-18.2018.101
ID  - Yang2018/03
ER  -