The Correlation Study On Credit Input And Industrial Structure Optimization

Nowadays,our economy develops steadily,and the economic scale expands continually.Our GDP also increases stably,and the whole economy is in the lead.However,the industry development of our country is still in a mid-range level.Its negative impact on our economy is gradually highlighted.More and more attention has been paid to industrial structure adjustment domestically and internationally.Because the supply of credit has the role of the allocation of resources,to solve the problem of industrial structure needs funds from the bank credit.From above,we now have a research on the relationship between bank credit and industrial structure optimization.On the basis of analogical related articles at home and abroad,this paper uses mechanism analysis,statistical analysis,measurement analysis,etc to elaborate the relationship between bank credit and industrial structure optimization from three aspects:the interaction mechanism between industrial structure upgrade and changes of bank credit;the change of industrial structure and credit input in jiangsu area and the dynamic impact on the credit input and the optimization of industrial structure in Jiangsu region.In this paper,we mainly study the relationship and influence of the supply of the credit and the industrial development in jiangsu province.Through the research,we try to find a kind of credit policy that can promote industrial upgrade and optimization,which has a great theoretical and realistic significance.To analysis the relevance between credit input and industrial structure optimization,we firstly need to establish certain theoretical analysis framework to explain the interaction mechanism between credit input and industrial structure upgrading.In this paper,we find that the change of industrial structure results in the change of credit input,and the change of credit input promotes the upgrading of industrial structure.Then we analysis the chart data of jiangsu province,a big economic province,and make an conclusion:there is certain correlations between the scale of credit input and economic growth,the industry special loan and industry growth,the maturity structure and the portion of the second and third industry.Next,we select the industrial structure adjustment and the adjustment of industrial stricture optimization as family sequence,the workforce,fixed investment and personal consumption,government consumption,foreign trade,technology output and the loan as relative sequence.Through the calculation of Grey correlation degree,we pick up key factors that affect the upgrading of industrial structure in jiangsu province,and find the most significant factors that affect the optimization and upgrading of industrial structure factor are personal consumption and supply of credit.After that,we establish the VAR model,using Granger causality test and variance decomposition to analysis-credit input and the data of industrial structure in jiangsu province.Grange's causality test shows that the influences of the government,large enterprises and financial institutions are unequal,and in the past long time,the support for the third industry credit from financial institutions in jiangsu province may be less from the certain extent.The analysis results of variance decomposition better test the influence degree of the relative influence factors and hysteresis quality of influence factor's.The efficiency of credit will has a bigger and bigger contribution to the industrial structure adjustment with the lag of time,the credit period has the most obvious effects on high-level industrial structure adjustment.Finally the article puts forward how to deal with the problems when we face the fast and steady economic development in jiangsu province,when we are badly in need of adjustment of industrial structure and lack of credit support.We need to increase credit input to promote the third industry development,deepen the development of modern service industry,increase the proportion of modern service industry in the third industry,take a new road to industrialization,stick to the upgrading of the new manufacturing industry,optimize the structure of the second industry credit,strengthen the development of pillar industries such as manufacturing.We also need to promote the development of personal consumer loan,promote the upgrading of industrial structure,actively develop new financial organizations of science and technology,establish and improve institutions specifically served for small and medium-sized high-tech enterprise;increase credit support for the industrial structure,and improve the efficiency of credit.