The Empirical Analysis For The Impact Of The Economic Hinterland On China Cities’ Financial Agglomeration

With the development of economic integration and financial globalization,a significant increase in the scope of the flow of financial resources cause financial resources and financial institutions highly cities gathered in the center of the minority.In the process of financial development,financial agglomeration zone(central city)how to form? The local and the influence of the area around the economic development of financial agglomeration? Financial agglomeration radiation surrounding areas(deep)of resources allocation efficiency? All these problems need further theoretical exploration and empirical validation,especially is often ignored in the study of financial agglomeration cities at home and abroad and the hinterland of the two-way causality.To solve above problems,based on the new economic geography and "center-periphery theory as the foundation,with the economic hinterland and the relationship of financial agglomeration of central cities,from the Angle of theoretical,empirical and countermeasures: first,why to study the influence of the hinterland of the central city of financial agglomeration of the selected topic,and combing the domestic and foreign research literature,the hinterland of the influence of the financial industry agglomeration formation theory and empirical research to review and finishing.Then,about the status quo of China’s financial center city agglomeration and comparison and analysis of financial agglomeration.Then based on the theory of" center-periphery "center of the city’s financial agglomeration theory mechanism are analyzed,and put forward a theory hypothesis of this article.In this paper,the empirical research part,based on 29 center cities in China in 2007-2012 panel data,by constructing the empirical model to analyze the mechanism of action of financial agglomeration economic hinterland of central city.On the basis of theoretical analysis and empirical analysis on the corresponding conclusions and policy recommendations.Through theoretical analysis and empirical test,this paper the following conclusions:(1)economic hinterland have significant relationship with financial agglomeration formation of the central city,the hinterland through the analysis of market potential,capital and information impact on financial industry agglomeration of the central city.(2)from the point of regional development difference,agglomeration phenomenon existing in Chinese provinces of financial activities,and financial agglomeration process changes over time has a tendency to rise year by year;But in addition to a handful of highly concentrated phenomenon,other smaller regional cluster,have low levels of financial agglomeration,serious regional differences.