Study On The Relationship Between The Financial Agglomeration And Regional Economic Growth In Jiangxi Province As An Example

In recent years, with the rapid development of the global economy, the financialsector because of its unique position in economic activities, the role of finance ineconomic growth gathering more and more attention at home and abroad scholars.Domestic and foreign scholars on the relationship between economic growth andfinancial agglomeration conducted a lot of research. The results show that there issome causal relationship between agglomeration and economic growth of thefinancial industry, but domestic research on regional economic growth and financialagglomeration mostly concentrated in the Pearl River Delta, Yangtze River Delta andthe Bohai Rim and other economically developed, the degree of concentration offinancial high financial district, and less for lower levels of financial underdevelopedcentral region of the study. Based on this, Jiangxi Province will study underdevelopedareas of financial agglomeration and regional economic growth in central andregional economic growth and regional financial Agglomeration prefecture-level cityin Jiangxi Province were analyzed and compared, respectively, from a regionalperspective, in order to found that some of the financial development and economicgrowth in the presence of deficiencies.Found that the causal relationship between Jiangxi financial agglomeration andregional economic growth through empirical analysis. As for the relationship betweenthe regional financial agglomeration and regional economic growth varies with thelevel of economic growth in various regions and so on, and various industrialagglomeration degree of causality and economic growth as well as the financialsector’s contribution to economic growth also varied. Finally, according to the resultsof empirical analysis, mainly in terms of prefecture-level city level, provincial leveland were given financial environment related policy recommendations, andconclusions and outlook.