| Financial and trade is an important field, under the background of economic globalization, the transnational flow of goods and capital becomes more and more frequent, countries pay more attention to financial development and international trade in strategic layout. China foreign trade based on the processing trade, the export of high energy consumption, high pollution and low added value, low income labor intensive products, based on the pattern of trade is the existence of a large number of cheap labor in China. The entry of foreign capital led the overall wage level of the eastern coastal areas to rise, the cost of labor in eastern coastal areas of comparative advantage gradually disappear. After 2004, "labor shortage" caused the Chinese "Lewis turning point is coming debate. In the Midwest labor support, China’s demographic dividend does not suddenly disappear, China’s traditional export advantage is still the continuation of the space.Financial geography as a cross discipline has been gradually paid more attention to and improve the financial geography layout can effectively reduce transaction costs, to ease the information asymmetry, the enhanced flow of financial resources, solve the problem of small business financing constraints, the configuration of the social idle funds to the door of the Ministry of high efficiency, high return. Shanghai, Beijing, Shenzhen is a national financial center city. Financial well-developed city also attracted the attention of high-quality talents and advanced technology, developed capital market financing of technology intensive and innovative enterprises need to financial agglomeration to move closer, the city’s industrial structure to the development of high and new technology and advanced service industry, city average wage and rental costs rose sharply, forcing labor-intensive export enterprises to evacuate to the periphery. The financial demand and financial markets less developed cities in the economic, industrial development is relatively backward, there is still a certain stock cheap labor, these cities although does not have the developed capital market, but with the improvement of banks and other financial institutions, networklayout, labor intensive products export enterprises can basically meet, together with the lower city labor costs and the level of rent, you can also get the government’s preferential policies, the export of these cities grow to usher in a new growth momentum.From the point of view of the existing research literature, the financial development of export trade has significant influence, but research at home and abroad are mostly concentrated at the national level, and less research on the difference between a in different regions and cities in the impact of financial development on export trade, financial development and foreign trade is limited in the framework of administrative divisions, and not starting from the angle of financial geography. In this paper, from the perspective of financial geography, analyzes the financial agglomeration of financial geography location difference on the growth of city exports by using panel data model. Study found that nearly a decade, central and western cities in China’s export growth was significantly higher than that of the eastern city, after the financial crisis in the eastern city of export growth is slowing down, while the Midwest has ushered in the new growth momentum in exports. City export growth rate and its financial position has a strong correlation, with the increase of the distance between the financial center, the city’s export growth rate showed an upward trend. Within the scope of financial core area, the effect of financial agglomeration on urban export growth is not significant; in addition, the financial agglomeration has a significant positive effect on the city’s export growth. Financial agglomeration on the export of urban growth appeared in the financial geography location of the unbalanced phenomenon known as "waterbed effect ". |
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