Research On The Coupling Relationship Of Financial Cluster In Beijing And Regional Economic Growth

The paper aims to study the coupling relationship of financial cluster and regional economic growth, including the degree of mutual influence and the degree of coordinated development, based on analysis of the path and development status of financial cluster, in order to provide theoretical and realistic basis for coordinated development of finance and economy in Beijing, Tianjin and Hebei province.Firstly, the paper makes the definition of financial cluster and regional economic growth. Then build a theoretical framework using the theory of industrial cluster, core-periphery theory, coupling theory and collaborative theory. The coupling mechanism of financial cluster and regional economic growth has been combed from two aspects:the coupling elements and the coupling mechanism. The paper modifies the coupling degree model which was deducted by capacity coupling model, based on which the coordinating degree model was deducted. According to the characteristics of financial development in Beijing, the development status of Beijing financial cluster and the path selection of the cluster are analyzed, and the path of the financial cluster of the city in six districts is summarized. The index system of financial agglomeration and regional economic growth of two systems are constructed respectively. Collect related data of financial cluster in Beijing and economic growth in Beijing, Tianjin and Hebei province since 2004 to 2014. Standardize the data using differential method. Then assign the weight to the index using entropy method. The coordination degree of financial cluster and urban economic growth of Beijing city is more than that of the surrounding city. In the coordinated development of Beijing financial cluster and economic growth, the effect of financial cluster in Beijing is greater than that of the surrounding cities.There is a problem in the coordinated development of financial cluster and economic growth in Beijing, Tianjin and Hebei that compared with the coordinated development between financial cluster and economic growth in Beijing, the degree of coordination between financial cluster of Beijing and economic growth in surrounding cities is relatively low. We should pay attention to the coordination between the financial cluster and economic growth, so as to realize the coordinated development of finance and economy in Beijing, Tianjin and Hebei. This paper studies the relationship between the financial cluster and regional economic growth from the perspective of coupling innovatively, as well as modifies the coupling model, with which to measure the coordination development degree between financial cluster and regional core city and surrounding cities in Beijing, Tianjin and Hebei.