Study On The Interaction Between Financial Development And New-type Urbanization In Anhui Province

Accelerating the process of urbanization and taking the new road of sustainable development of urbanization are the contents of the new normal economic background of our country.New-type urbanization has become the focus of regional research in China.Regional economic development promotes the process of urbanization.Finance is the core of modern economy.Studying the relationship between financial development and urbanization and the path of mutual influence is of great significance for promoting the process of new-type urbanization.After the 13th Five-Year Plan,the new urbanization and financial development of Anhui Province has entered a new era.We should speed up the transformation of the mode of economic development.Therefore,how to make use of the existing foundation to realize the coordinated development of new urbanization and finance is an important issue facing the economic and social development of Anhui Province.From a research perspective of coupled systems,this paper industry economics,econometrics,based on the theory of regional economics and other related science and literature induction,econometric analysis,statistical analysis and other methods,the development status of new urbanization in anhui province and financial analysis,reveals the financial development and the new type of internal mechanism of urbanization.And using VAR model of new type of urbanization and the relationship between financial development and the measurement and evaluation of the interactions between again reveals the mechanism of interaction between urbanization and financial development,according to the financial development in anhui province from 2000 to 2018 and the related data of urbanization development,select relevant financial rate and efficiency of financial development two indicators expressing level of financial development,selection of population urbanization rate to express the urbanization level,take the time sequence of ADF test,Johansen cointegration test,granger causality test,impulse response function and variance decomposition function preliminary analysis methods such as mutual relationship and influence between variables,The results show that urbanization rate,financial correlation rate and financial development efficiency have stable long-term equilibrium relationship and influence.Financial development can promote urbanization,while urbanization also affects financial development.Financial correlation rate plays a greater role in improving urbanization rate than financial development efficiency.In order to further measure the new urbanization and interactive contact and interaction effect of financial development,constructing the new urbanization of financial development and the evaluation index system,using the coupling coordination degree model,calculated and compared in anhui province the coupling coordination degree of urbanization and development of the financial system,financial development in anhui province and the new urbanization in a rivalry coupling,in the period of high coordination between financial development and the new urbanization,both the degree of interaction is not very high.Finally,according to the problems of financial development and new urbanization development in anhui province,and the interactive influence of new urbanization and financial development,the paper puts forward policy Suggestions to promote the coordinated development of new urbanization and finance.