Research On The Interrelation Between Regional Financial Structure And Regional Industrial Structure Of China

Studing the interrelation between regional financial structure and regional industrial structure not only can further enrich the relevant research contents, but also provides the basis for the government's policy suggestions. Therefore, this paper based on the relationship of theory foundation between regional financial structure and regional industrial structure, analysis of the interrelation between regional financial structure and regional industrial structure through simultaneous equations model panel data of China.Firstly, through analyse interaction mechanism between financial structure and industrial, we deem that there has significant mutual promotion of internal relations between regional financial structure and regional industrial structure, it means financial structure transformation promotes the upgrading of industrial structure, and the upgrading of industrial structure promotes financial structure transformation.Secondly, construct the panel data model models of simultaneous equations in the national level, analysis shows that there has mutual promotion of internal relations between industrial structure and financial structure. increasing the Per capita GDP, strengthing the degree of intervention of government and enhancing the consumption of energy can optimize industrial structure, the increase of population inhibit the upgrading of industrial structure, the increase of real estate investment suppression of financial structure adjustment.Then, construct simultaneous equations of panel data model in the eastern, central and western regions level and think that there has differences in the extent of interaction between financial structure and industrial structure through comparing and analyzing the differences between eastern, central and western regions economic and the level of financial. Where the development level of economic and financial higher, the role of financial structure change in the upgrading of the industrial structure stronger, the impriving role of industrial structure by financial structure smaller. The influence of per capita GDP on industrial structure is not significant in eastern region, but the influence of per capita GDP on industrial structure has significant effect in central region and western regions. The influence of population on the industrial structure has significant effect in eastern and central regions, but the western region hasn't. The government intervention inhibits the upgrading of the industrial structure in eastern region, but instead of the central and western region. The total consumption of energy has significant effects on the industrial structure in eastern region and central regions, but the eastern not. The complete investment of real estate inhibits the adjustment of financial structure in east, central and western regions of this year.Finally, according to the research of relationship between financial structure and industrial structure in the eastern, central and western regions, we put forward the policy suggestions to promote industrial structure and financial structure from the influence of both the elements.