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Statistical Research On The Cooperative Development Of Financial Industry And Real Economy

Posted on:2019-09-19Degree:MasterType:Thesis
Country:ChinaCandidate:P P ChenFull Text:PDF
GTID:2429330548953636Subject:Statistics
Abstract/Summary:PDF Full Text Request
The comprehensive national strength of a country is embodied in the real economy.The stronger the development of the real economy,the stronger the overall national strength of the country and the more competitive it is.Therefore,the society can only make continuous progress on the premise of sustained and healthy development of the real economy.And development.The healthy development of a country's economy can not be separated from the support of the financial industry.However,over-development of the financial industry will lead to the financial crisis and the economic crisis.Judging from the current development situation in China,the financial sector has continued to expand,and the country has gradually strengthened its supervision over the financial industry.China's financial industry is still in the process of gradual opening up,financial services,and services relative to foreign countries.System,industry regulatory system,the relevant policy system and related industry standards are still in the process of continuous improvement.Studying the relationship between the financial industry and the real economy can understand the overall economic performance of China.Therefore,we must take the real economy as a starting point,fully understand the problems that appear in the financial market,and properly guide and gradually promote the healthy development of the financial industry.Effectively play a positive role in the financial industry for the real economy,but we must also attach great importance to the various issues facing the financial industry in the development process and the synergy to the real economy so that the entire economic system can run healthily.This article researches and discusses the cooperative development relationship between China's financial industry and real economy through quantitative analysis,qualitative analysis and empirical test analysis.Through the summarization of research results,we have drawn the relevant development mechanism between China's financial industry and the real economy.At the same time,we have adopted a simple description of the development status of China's financial industry and real economy in the past 10 years.The empirical test method empirically analyzes the quarterly data of China's financial industry's added value and second industry's added value from 2003 to 2016.It uses the stationarity test,co-integration test,and Granger causality test to deeply analyze the financial industry in China.The relationship between the real economy and the real economy finally leads to the conclusion that non-coordinated development between the financial industry and the real economy in China is concluded through empirical analysis.There are two reasons for this phenomenon:On the one hand,there is a large amount of industrial capital.Gradually turn to the financial industry,which in turn leads to a lower profit margin for financing costs in the real economy sector,which ultimately leads to the simultaneous development of both the financial industry and the real economy.On the other hand,due to the unsound system reform of the market system and state-owned commercial banks,The financial industry and the real economy cannot be healthy and healthy development.Finally,it puts forward related policy suggestions on how to promote the coordinated development of China's financial industry and real economy.
Keywords/Search Tags:Financial industry, Real economy, Cooperative development
PDF Full Text Request
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