Comparative Analysis of the Effects of Financial Development on Industry Agglomeration in the Different Regions of China with Panel Data Model
- DOI
- 10.2991/msam-17.2017.6How to use a DOI?
- Keywords
- financial development; industrial agglomeration; panel data model
- Abstract
This paper 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. The results show that the effects of financial development on industrial agglomeration in the eastern, central and western regions are significantly different. In which, financial scale is conducive to manufacturing agglomeration in East area, financial scale is not conducive to manufacturing agglomeration in West area, the effects of financial scale on manufacturing agglomeration is not significantly in central area. The financial structure of the East region cannot adapt the development of manufacturing agglomeration, and the effects of the financial structure of the Middle and West region on manufacturing agglomeration are not significant; the financial efficiency is not conducive to manufacturing agglomeration in the East region, the financial efficiency is conducive to manufacturing agglomeration in the West region, the effect of the financial efficiency in the Middle region on manufacturing agglomeration is not significant.
- Copyright
- © 2017, 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 - Xiaowei Yang AU - Jianjun Xu PY - 2017/03 DA - 2017/03 TI - Comparative Analysis of the Effects of Financial Development on Industry Agglomeration in the Different Regions of China with Panel Data Model BT - Proceedings of the 2017 2nd International Conference on Modelling, Simulation and Applied Mathematics (MSAM2017) PB - Atlantis Press SP - 21 EP - 24 SN - 1951-6851 UR - https://doi.org/10.2991/msam-17.2017.6 DO - 10.2991/msam-17.2017.6 ID - Yang2017/03 ER -