Research On Convergence And Spillover Of σ Model And β Model Based On Deposit And Loan

The σ convergence test equation and the β convergence test equation have always been a hot topic in the field of economics and research,and they measure the economic or financial development in the most recent period.Therefore,I study the domestic and foreign experts and scholars on the σ convergence test equation and β convergence test equation research status,the total deposit and loan institutions as a measure of the convergence,from the perspective of convergence and spillover,On the province’s financial situation to do an in-depth study.This paper first uses the σ convergence model to study the convergence of deposit and loan.In this paper,I take the total amount of deposits and loans of financial institutions in Sichuan Province as the measure,using the σ convergence model to calculate the regional financial deposits and loans in Sichuan Province,and use the time series method to study the recent years,The overall trend.Through the study of the time series chart and the convergence of financial deposits and loans,this paper has a clear understanding of the overall trend of financial deposits and loans in Sichuan Province from an intuitive point of view,to understand the differences between the various regions in the province in recent years,Which for the latter to reduce regional differences,the implementation of comprehensive development of guiding significance.From the time series chart can be seen,the province,the province’s deposit differences gradually stable,and the loan difference relative to the initial difference is growing,the coefficient of difference is very unstable,the regional perspective,Chengdu Economic Zone differences Increasing,while the differences between other economic zones are relatively stable.It is speculated that the difference between deposits and loans in the province is increasing,the reason is that the differences between Chengdu Economic Zone and other economic zones are increasing.The next article uses a model to study the spillover of deposits and loans.In the selection of this model,I will still use the traditional convergence model,but I would like to further improve the basis of this model,so that the results more accurate.So my own point is the weight of the model selection,and the traditional model of the weight matrix only consider the geographical space effect,my idea is from the economic and spatial effects of two angles to construct the weight matrix,so that will let I estimate the results more accurate.Through the study of the corresponding parameters of the model,the model is selected and the results are analyzed by the selected model.In the absolute convergence model,the absolute convergence hysteresis model chosen by us shows that there is no absolute convergence state,that is to say There is a high level of initial development in the late development of the region is slow,and the initial level of low-level areas of late development of this situation,the regional differences or continue to expand.In the conditional convergence,I choose the conditional convergence lag model.The model shows that the development of the economic region is not only related to the initial level,but also has strong connection with other economic factors.These factors contribute to the development of the region.This paper is divided into five parts.The first chapter is the introduction,introduces the research background and significance of this paper,and introduces the current situation of domestic and foreign research,and introduces the innovation and difficulty of this paper,and the general research framework of this paper.The second chapter introduces the development and research results of regional financial development convergence and spillover,and analyzes the evolution of regional financial development spillovers and convergence.The third chapter uses the sconvergence test equation to take the deposit and loan data of Sichuan Province as the background.The fourth chapter is the empirical test part,using the absolute convergence hysteresis model,absolute convergence error model,conditional convergence lag model,conditional convergence error model and other methods to explore the spillover effect in the province.In the fifth chapter,according to the results of empirical test,this paper puts forward the reasonable countermeasures and suggestions for the development of Sichuan Province at the present stage,and lay a good foundation for the future sustainable development.