| At present, the development of new urbanization has become an important part of the current economic development in our country, of course, it’s inseparable from the strong support of financial development, and how to make new urbanization construction and financial development in harmony, promoting coordinated development both of the coupling, has important practical significance.This paper systematically analysis coupling coordination mechanism of China’s new urbanization and financial development, from both in theoretical and empirical view. Theory, this paper introduces related theory of new urbanization and financial development, then introduce the "coupling" concept analyzing coupling coordination mechanism of new urbanization and financial development. Empirical aspect, this paper constructs new index system of new urbanization and financial development. It carried on the preliminary measurement and analysis of the new urbanization’s development and financial development in the year from 2003 to 2012. On this basis, through the unit root test, co-integration test, and granger causality test analysis sequence correlation of new urbanization level and the level of financial development in our country, through the coupling and coupling coordination degree analyzed our country coupled coordination situation of new urbanization and financial development. At the same time, dividing into eight major economic regions and selecting 52 representative cities to compare regional coupling coordination degree of new urbanization and financial development.The empirical study results show that the new urbanization development in our country is under the support of financial development, also has effect on the financial development. In 2003～2012, the new urbanization level enhances unceasingly in our country, the level of financial development is slow. At present, China’s new urbanization and financial development exists a long-term equilibrium and causal relationship; Both in the running-in period of coupling phase and low coordination of coupling coordination phase; One line. two line city development level is significantly higher than three, four, five cities. According to the results of the analysis, this paper puts forward that the promotion of the new urbanization and financial development coordinate development in China. |
