| In China, our financial system is basic on banks, so commercial banks as financial inter mediation play an important part in modern economic operation.Direct financing market development is lagging behind, and indirect financing become the mainstay method of supporting economic stability operation. Commercial banks are typical of indirect financing market. The importance of commercial banks and other financial institutions are not match.Especially in the case of direct financing market development(stock market and bond market) is lagging behind, financial inter mediation of banks, resource allocation, credit creation, payment and settlement, agency oversight and the role of risk management play a vital role in the development of economic.Moreover, China’s banking industry from " unified " to "diversity", the structure of the banking industry has undergone tremendous changes. Its impact on the economy has gradually become the focus of scholars. Both domestic and foreign scholars to explore between those found that the structure of the banking industry and local economic development are related. And it should be considered a relevant role of local economic structure. The traditional theory think that the high concentration of the banking structure will hinder the flow of financial resources and reasonable configuration, which will have a negative impact on economic development.As traditional theory argued, in order to explore the relationship between banking structure and economic growth between Beijing, Tianjin and Hebei, this paper empirical analysis method to study the relationship between the banking structure and economic growth between the region of Beijing, Tianjin and Hebei.The region of Beijing, Tianjin and Hebei was chosen for the study is the result of the economic circle of Beijing, Tianjin has been working with the Yangtze River Delta collectively referred to as China ’s three major economic circles, but the development of the economic circle of Beijing, Tianjin and Hebei lagging far behind Yangtze River Delta and Pearl River Delta, Beijing, Tianjin and the joint development of the new era national strategy will formally put on the agenda and has gradually embarked on the implementation of the track.The future development of Beijing, Tianjin has been unprecedented attention all walks of life, not only the joint development of Beijing, Tianjin and sustenance the expectation three people, but also bear the Chinese economy to build the third pole of hope. Through 2015 the two sessions, we found that each of the two sessions Beijing, Tianjin and Hebei, has positioned itself around to determine the priorities of the year. Establish the relevant arrangements for the three places in Beijing, Tianjin and Hebei, we see that the tide of the joint development of the region is surging surging.This paper selects the Chinese economy but also in the more developed a new historical juncture of Beijing, Tianjin and regional economic development circles as samples, preclude taking a combination of theory and practical methods, with finance, macroeconomics, industrial economics, statistics and other relevant theoretical basis of existing research results refer to the integration of a global vision, based on differences in the internal reality, use empirical models to analyze panel data between banking structure and economic growth of Beijing, Tianjin and Hebei relationship. In the selection of indicators continued the selection criteria of most scholars, the per capital gross domestic product(Y), deposit concentration(CRDn), loan concentration( CRLn), the level of financial development(Fd), fixed asset investment rate(Inv), foreign open level, etc.(Open), taking into account the actual Beijing, Tianjin and Hebei,the indicators data were appropriately deal with.Because there is a big difference between the three levels of development of Beijing, Tianjin and Hebei, in the course of the empirical analysis in this article, notice Hebei is a special presence in Beijing, Tianjin and three in its total to cover up a serious shortage of both the amount and the development of lag, so the specific empirical division twice, respectively, for Beijing, Tianjin and Hebei, 11 prefecture-level cities to do the model, the results show that Beijing, Tianjin and banking structure and economic growth has a negative correlation between Beijing, Tianjin economy banking circles will reduce the degree of concentration of economic growth are more favorable to reduce the economic circle of Beijing, Tianjin bank con-centration will bring new impetus to economic growth in the region. Model and Hebei 11 prefecture-level cities of Beijing, Tianjin model comparison, we can see the concentration of the banking sector is much higher than Beijing and Tianjin, Hebei, the lower the concentration of the banking industry in Hebei impact on economic growth is greater than that of Beijing and Tianjin in two places, although Hebei non-state process is slow, banking proper focus in favor of Hebei economic growth, but overall, the banking structure in Hebei also need to go toward a more open pattern of development, development in Beijing, Tianjin and Hebei regional development is a key issue. Finally, make recommendations to optimize the structure of the banking sector economic circle of Beijing, Tianjin, Beijing, Tianjin and proposed the establishment of regional banks, establish a banking structure and economic structure to match, to encourage private capital to participate in regional banks, increase the level of competition in the banking sector, while strengthening regulatory area banks.Through this research, hoping to draw a conclusion and implications for the development of Beijing, Tianjin and practical operational, to promote economic growth and the rapid development in Beijing, Tianjin and Hebei. |
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