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Research On Financial Economic Power And Regional Economic Development

Posted on:2014-11-28Degree:DoctorType:Dissertation
Country:ChinaCandidate:X QiFull Text:PDF
GTID:1269330425992248Subject:Regional Economics
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The financial promoting economic development problem is with the economic globalization,enterprise multinational chemical,economic JinRongHua and urban and rural integration process,gradually become the focus of the society from all walks of life. The practice has been proved that, finance has already changed its intermediary role in the capitalist competition era into the lead strength of modern market economy. With the growth of modern finance, it has been fully play its part in the medium micro and macro levels of the modern economic development,and gradually become the backbone to promote the level of real economy to develop sustainablely and efficiently.Area plays a transitional role of unit in the macro economic giant system, the financial function in the very great degree play in regional economy in the process of operation. There is no lack of that countries through the financial pistol regional economic success all over the world. As the eldest son of new China, northeast old industrial base has made great contributions to the national economic development, and has been functioned as modern agriculture base and equipment manufacturing base. Although the northeast China has passed through nine years, industry and economy has made rapid development; yet there are still many unsustainable hidden trouble, leading to the old industrial base gradually fading. As to further promote the comprehensive revitalization of northeast old industrial bases and transform,our country publish planning adjustment (2013-2022) for the country’s old industrial base in early April2013. In financing policy, puting forward innovatiing investment and financing mode, supporting companies qualified with strong comprehensive strength of the investment to issue bonds, to raise money for organizing the implementation of urban old industrial zone of comprehensive reform. Support eligible overall relocation companies issue bonds, transferring for enterprises. Play to the role of the various equity investment (fund) enterprise, encourage the establishment of specialized equity investment fund, to support the old industrial base of enterprises’ technical renovations annexation and reorganization and the reform of urban old industrial zone and development zone construction, etc. Encourage conditional place to establish small and medium-sized enterprise credit guarantee fund, safe and orderly development of small loan companies, supporting all kinds of venture investment company growth. Support commercial Banks to set up a branch office in the old industrial base. Priority support eligible project application in the old industrial base of the use of international financial organizations and foreign governments preferential loans, etc. These policies is a key mechanism to the revitalization of old industrial base, leading the social power of regional economic development.Based on the revitalization of old industrial base of China and financial penetrated and lead role in the modern market economy, put forward the concept of financial and economic power. Financial economic power is the financial potential which applied to economic operation financial activities that can produce effect of social environment and economic development. Financial activity function in economic operation cause the negative effects of social environment and economic development financial potential is called the non-financial economic force. Practice has proved that financial running into financial potential. Financial potential in its emergence and evolution of the process, will produce positive and negative effects on the region economy development. Positive effect, including the effect on growth of local and nonlocal spatial spillover effects, is a kind of social economic forces.That is to say, the financial which can produce effect of regional economic growth or spatial spillover effects, is a kind of economic power.The negative effects happened here refers to financial potential obstacles or disrupt the normal social order of the development of the economy, brought harm to the development, is the none financial economic force. In regional economic development, financial economic power of time dimension is financial resources and financial intermediary forces, respectively reformed from financial resource potential and financial scale formation potential. Financial economic power of space dimension, are more likely to show the financial regional force,financial agglomeration forces and financial radiation force. Respectively formed by Jin Rongliu potential,financial potential of central tendency and outgoing. The five types of financial and economic forces are able to produce the development of economic social and environmental effects.By using the financial economic power, to revive the northeast old industrial base, financial economic power of the money and resource allocation functions need to be mined. In order to ease the financing difficulties,to raise capital to use efficiency of enterprise and industry,and to promote industrial structure transformation and innovation, to promote industrial structure in the northeast of advanced degrees. Need to dig the financial intermediary spatial agglomeration of economic power and radiation function, to help northeast old industrial base in the ascending scale economy scope and associated economic benefits at the same time, improve the localization of the economy and urbanization in northeast China economic effect, promote its integration to build the northeast three provinces city transformation and the action mechanism of giant cities, urban agglomerations in order to realize the vision to create the development of economic society and the environment of the trinity. The mining has become basic research purpose of this article.In summary and combed the related literature of the relationship between financial and economic development theory and, on the basis of this article first to define the scope of the financial and economic power of thought, think it is by the operation and financial operation role in economic operation and affected by the economic operation of society. To this end, the revitalization of northeast old industrial base, it is necessary to make financial economic forces are generated in the financial and economic interaction. Followed this knowledge, in this paper, we make a comprehensive analysis on the formation mechanism of form of financial economic power and on the types of work. Among them, the forms of expression of financial economic forces include time space and time and space dimensions form.Role in the regional economic development types, including the type of effect and space effect type. Comprehensive two kinds of classification, divides the financial economic force for financial resources force financial regional financial agglomeration forces financial intermediary force and radial force. Among them, the former two as the time dimension of financial economic power, three dimensions for the space after the financial economic power. Thus, generate the financial economic operation of the space-time dimension state financial potential and economic dimensions of space and time state financial and economic forces the study of the effect of regional and urban development, constructs the system of financial economic power of the theoretical analysis.According to the established financial economic theory analysis system, in northeast China as a case, inspect and measure the northeast three provinces force presence and contribution to the development of financial economy, respectively from the empty dimension analyze financial and economic running state in the northeast. Including the analysis of the capital allocation efficiency of financial capital supply and demand financial resources, spatial distribution pattern of financial resources supply and coordination with economic operation, etc. Using vector autoregressive model, empirically analyze the financial operation of effects on economic growth. Results show that the influence factors of economic development, financial has other elements(such as capital accumulation of human capital, etc.) which don’t have positive effects for the development of the economy, namely the financial development than other factors, that can bring strong continuous growth. Established the state model to probe potential of northeast old industrial base and financial economic power. Respectively from the dimension of time space to measure the condition of the financial potential. Select financial economy and relevant indicators,by using factor analysis method, to ground level above the city in the northeast. On this basis, using the panel model, empirically analyze the financial potential of economic growth effect in the northeast; using spatial econometric method, constructing spatial panel model forms, using Geoda and matlab software, empirically analyze the space spillover effects for the economic development of the five financial potentia. The financial scale potential and the central tendency financial potential have positive economic growth effect in most of the big cities; financial outgoing potential and Jin Rongliu potential have positive economic growth effect in big cities, negative effect in small and medium-sized cities. Financial scale potential and Jin Rongliu strength potential have positive spatial spillover effect of economic development, the other two financial potential have negative spatial spillover effect. Confirmed that most of cities in three provinces in northeast China, there are financial intermediaries and financial agglomeration forces in big cities, and financial location force and radial force in big cities. Financial intermediary force throughout the three provinces in northeast China city development level is relatively good. Similarly, Jin Rongliu strength potential due to the in big cities have the positive effect of economic growth and spatial spillover effect, and can only say that the larger ground level above the city have a financial location.In this paper, empirical research also found that financial economic force which has formed in promoting the economic development process in the northeast, there is a financial force of regional economic development effect, including urbanization effect and society effect. Specific performance is:the financial economic power by acting on the urbanization process, releasing disequilibrium in the process of urbanization; In promoting social efficiency with fairness, on the basis of the operation process of easing social each participation main body for social benefit for the non-uniform phenomenon, promote the development of the social inclusion. Is to emphasize, this paper mainly discusses the formation mechanism of financial economic force on the urbanization effect.In particular, inclusive and balance development of the financial economic power, is a leverage and social economic force to breakthrough gap enlargement, the unbalanced economic growth and urbanization in northeast area. Support the smooth transition of economy and society to promote regional economic integration, will also be able to get the support from the financial and economic force or equilibrium financial policy.Financial economic power is efficiency, give full play to depend on strong financial body,smooth transmission channels, moderate tilt supervision strict financial policy, and the mutual coordination of financial markets and economic development environment.Finally, the paper discusses the original effect of the current financial and economic policies in northeast China.Reflects the country support full development in northeast old industrial base, revitalizating financial expansion of financial economic forces, and this attention gradually rise for financial operation, financial economic formation, as well as the financial economic force effect enhanced. Further enhancing the financial potential, smoothing the transmission channels of financial potential, increasing the economic development effect of the economic power,urbanization boosting efficiency and social development efficiency, etc. Put forward suggestiones to improve financial economic power and the level of countermeasures. Pointed out that:the financial economic power is the important engine of economic society and urbanization to upgrade of northeast old industrial base comprehensively. Inclusive financial force is the important power of urbanization sustainable economic development and social equity progress. Should be improve the efficiency of supply and demand of financial resources in time and space allocation, and quality to improve the financial potential.By the northeast financial center construction, financing policy construction,economic information system construction, to increase the financial agglomeration effect, diffusion effect intermediary effect and stable effect of the financial economic power. Through the development of an inclusive financial,to promote the formation and development of inclusive financial economic force effect into full play. Looking to the future financial development policy, northeast will show to encourage the development of the financial and economic development through the financial and economic forces effect, to promote economic and social efficiency development trend of urbanization of the trinity.This research mainly adopts empirical analysis, and with variable analysis as a benchmark came mechanism analysis.(1) Positive anylasis. Through the reasonable suppose, based on the local static analysis, logicaly divide financial operation and economic development, and describe the formation mechanism of financial economic power. In the quantitative analysis empty and regional development effect of regional economic development of the financial contribution, judge the level and direction of financial economic power on the regional economic effect by means of empirical analysis.(2) Variables analysis.In the choice of expression, contains text and graphics software applications. This article innovation lies in:(1)Through the combination of theory and practice of exploration, innovation, regional economic development, this paper presents the system of financial economic concept, construct the financial economic forces, its role in the regional economic development pattern, crystallising into intermediary financial force, regional financial resources, agglomeration financial forces and radiation financial force five big economic power, provides new development mechanism theory for the revitalization of old industrial bases.(2) Application of the theory of financial and economic power, build the revitalization of northeast old industrial base policy theory. Thinkingthat financial economic power is a new type of power in promoting the northeast old industrial base revitalization, should actively create conditions to improve the financial and economic running environment, formulated a series of policy which can improve the revitalization of the industrial structure and economic structure transformation in the process of urbanization,put the financial policy into the old industrial base policy category, is a kind of innovation. Provides the policy analysis tool for northeast old industrial base revitalization.(3) Application of spatial econometric methods and softwares, measure financial potential spatial spillover effects in the northeast comprehensively, applying spatial analysis, describes the spatial distribution of financial resources.Which is a kind of from theory to innovative regional economic operation state analysis method.All in all, with the deepening of the marketization reform in China, the financial penetration of the regional economic development is gradually increased. The role of finance in northeast China have been growing. To cultivate the financial economic power grow, mature and play its effectiveness, need through the deepening of financial system reform, optimize the environment of economic development policy, make the financial and economic force effect to the development of regional economy increasing. Are to be believed, in the full implementation of the national planning the revitalization of old industrial bases,in the development of new industrialization and new urbanization two-wheeled interactive process, financial economic force theory will play an important role, shows its theoretical accomplishment and guide the practice of academic value.
Keywords/Search Tags:The Financial Potential, Financial Economic Power, Regional EconomicDevelopment, Regional Development Effect, Revitalization of the Northeast China
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