Northeast Area Regional Financial Innovation Ability Research From The Perspective Of Financial Geography

Financial geography is an emerging interdiscipline in recent years. The application of its theoretical contents and research methodologies in studying regional financial problems is a hot topic in the current research. In this thesis, the author initially proposes the explicit and inexplicit exhibitions of regional financial innovation ability from the perspective of financial geography. Then, combined with the demands and supplies of regional financial innovation, the author explores the formation mechanism of regional financial innovation ability. In addition, based on the financial geography, the author comes up with the index system to evaluate the financial innovation ability in northeast area, including the explicit indicators such as the financial interrelation ratio, the balance of deposits and loans of financial institutions, the number of listed companies, the insurance density and the Magic Lamp and so on, and the implicit indicators like the regional GDP, the rate of industrial structure, the urban and rural residents per capita disposable income, the dependence on foreign trade, the loans/savings deposits of residents, the regional non-performing loan rate, the enterprise credit, the culture industry, the financial regulation, the various forms of ownership structure, the infrastructure, the transportation, and the level of informatization etc. Furthermore, a mass of objective data is employed to describe the two indicators of financial innovative ability in the northeast area. Apart from that, through the analyzing the characteristics of northeast financial geography elements and by means of the quantitative and qualitative research methods and comparative analysis, the author makes some objective comments on implicit and explicit financial innovation ability in northeast area. This thesis also probes into the limiting factors in the development of northeast financial innovative capacity, including the low optimal rate of industrial structure, the high regional rate of non-performing loans, the poor corporate credit and the financial geography etc., obtaining the positive and negative index of financial geography in northeast financial innovation. It is concluded that the northeast financial innovation ability is weak yet in a gradual increase. Finally, the author puts forward a series of countermeasures in this thesis.