Research On Financial Resource Supply Supporting Industrial Transformation And Upgrading In Beijing,Tianjin And Hebei

The transformation and upgrading of industrial structure is conducive to improving the economic benefits of the Beijing-Tianjin-Hebei region.Optimizing the industrial structure can improve people's livelihood and expand employment.In addition,the optimization of industrial structure can reduce resource consumption,reduce environmental pollution,improve the ecological environment and change the way of trade growth,which is an important driving force for improving international competitiveness.At present,the transformation and upgrading of industrial structure in the Beijing-Tianjin-Hebei region cannot be carried out without the strong support and reasonable allocation of financial resources.Therefore,it is of profound significance to study the impact of financial resource supply in Beijing-Tianjin-Hebei region on industrial structure transformation and upgrading.This paper collected and sorted out domestic and foreign literatures before carrying out the research.On this basis,it first revealed the current situation of financial resource supply and industrial structure in the Beijing-Tianjin-Hebei region,and then theoretically discussed the mechanism and path of financial resources supporting the transformation and upgrading of industrial structure.Then the paper conducts empirical analysis and test on the whole of Beijing-Tianjin-Hebei and the three provinces and cities respectively,and quantitatively analyzes the relationship between the supply of financial resources and the transformation and upgrading of industrial structure.In the empirical part,the industrial structure optimization rate is selected as the dependent variable,and the financial resource supply scale and financial resource supply efficiency are independent variables.EVIEWS8.0 measurement software is used to carry out unit root test and co-integration test,as well as granger causality test of VAR model.Finally,through the analysis of the empirical results,the corresponding conclusions are drawn,and the corresponding policies and Suggestions are put forward from the level of government,financial institutions and financial supervision.The empirical results show that: there is a significant relationship between the transformation and upgrading of industrial structure and the supply of financial resources in Beijing,Tianjin and Hebei,and the three provinces and cities;the upgrading degree of industrial structure is positively correlated with the supply scale of financial resources,and negatively correlated with the supply efficiency of financial resources.The supply scale of financial resources promotes the transformation and upgrading of industrial structure,while the supply efficiency of financial resources inhibits the transformation and upgrading of industrial structure.Then,the corresponding policies and suggestions are put forward.The financial resources allocation in the Beijing-Tianjin-Hebei region should be reasonable and appropriate,and the advantages should be fully utilized to better promote the transformation and upgrading of the industrial structure in the Beijing-Tianjin-Hebei region and promote the coordinated development of the Beijing-Tianjin-Hebei region.