Research On The Influence Of Regional Financial Structure Optimization On The Industrial Structure Upgrading

At present,the main contradictions in our society have been transformed into the contradiction between the people's ever-growing needs for a better life and the unbalanced and uneven development.Promoting the upgrading of regional industrial structure reasonably and efficiently is the key to solving the problem of unbalanced regional development and the impediment to the transformation of economic growth mode.The optimization of financial structure is one of the effective ways to upgrade the regional industrial structure.Therefore,this paper regards the influence of China's regional financial structure optimization on industrial structure upgrading as the research object.This topic is to promote the scientific and effective grasp of the optimization direction of regional financial structure in China,meet the needs of regional industrial structure upgrading,and promote the balanced regional development as the goal.Has a certain theoretical and practical significance.This article first uses theoretical research methods to sort out relevant literature and theories.Based on the analysis of China's financial structure and industrial structure,we select relevant economic data for each province or municipality in China from 1996 to 2016 as a sample,and establish dynamic panel data for the region.The influence of China's regional financial structure optimization on industrial structure upgrading was studied.The main conclusions are: First,China's regional industrial structure and financial structure are not balanced.Second,overall,the increase in the financial aggregate structure is conducive to promoting the upgrade of the industrial structure.The rise of the financial spatial structure has a certain degree of restraining effect on the upgrade of the industrial structure.The estimation results of the sub-regions are obviously different.It is still a long way to go to upgrade the regional industrial structure and achieve balanced development.Robustness test also shows that the estimate result of the model has robustness in this paper.According to the theoretical and empirical analysis results,It is proposed that the regional financial structure of China can be optimized by improving the matching of regional financial service systems and industrial structures,strengthening financial support for underdeveloped areas,building regional financial growth poles,and inspiring industrial innovation through financial innovation,and then promote the upgrading of regional industrial structure.At the end of this paper,the research of this paper is summarized and prospected.There are two possible innovations in this paper: First,the research perspective is relatively new,and most of the existing studies focus on overall financial development.This paper takes the optimization of financial structure as the research perspective and strives to more specifically finance the industrial structure upgrade.Support questions for research.Second,the research method is innovative.This paper attempts to use a dynamic panel data model from a different perspective of time and space to explore the influence of China's regional financial structure optimization on industrial structure upgrading in China.On the one hand,with the improvement of data,the future research will expand as much as possible the time range of sample data and draw more reasonable conclusions.On the other hand,on the basis of empirical analysis,the combination of theoretical model and empirical model makes the research conclusion more persuasive.