Financial Industry Cluster On The Impact Of Economic In Liaoning Province

With the development of a modern market economy, the financial industry becomesincreasingly globalized, information technology, and agglomeration, the rapiddevelopment of the financial industry to become the core industries of the developedareas, it also requires the modern financial industry took to the road of clusterdevelopment. The establishment of the regional financial industry gathering area andregional financial centers play an important role in regional economic growth. The mainobjective of this paper is to study and explore the financial industry in Liaoning Provinceto gather the impact on economic growth. Modern industry at home and abroad gathertheoretical framework for the study based on the characteristics of the economic growthin Liaoning Province, to explore the financial industry agglomeration theory and factoranalysis method to assess the extent of the regional financial industry gathering inqualitative analysis of the financial industry agglomeration and economic on the basis ofthe growth of the relationship, the use of panel data model Empirical test of the financialindustry in Liaoning Province to gather and promote the mechanisms of economicgrowth through the analysis of the financial industry in Liaoning Province gathered in theprocess of promoting economic growth the role of regional differences with othersamples. Finally, the conclusion is gathering pace of development and help to increasethe regional capital investment to speed up the financial industry in Liaoning Province toimprove the level of employment and the promotion of technological progress, thusachieving sound and rapid development of regional economy.First, we summarize existing involve regional financial industry agglomerationtheory and the gathering of the financial industry and economic growth relations theoryliterature on this basis to determine the direction of this study.To the modern theory of industrial clusters, combined with the financial geography,management and other aspects of knowledge on the financial industry agglomeration andits impact on economic growth mechanisms were analyzed, and eventually come to thefinancial industry gathering through direct and indirect ways to promote regionaleconomic growth. Again, the qualitative analysis of cluster development situation to the financialindustry and financial industry in Liaoning Province, Liaoning Province financialindustrial agglomeration characteristics through horizontal and vertical analysis,discusses the development advantages of agglomeration by the financial industry inLiaoning Province and the problems faced.Finally, Liaoning Province, the main object of study, on the basis of evaluation ofthe degree of regional financial industry gathering, the use of panel data fixed effectmodel empirical analysis on the financial industry gathering on economic growth, and onthis basis, conclusions and policy recommendations.