Study On The Coupling Relationship Between Financial Agglomeration And Economy Growth In Coastal Areas Of China

Financial agglomeration,as a new trend of financial development,is of great importance in the interaction between economic operation and economic growth and whether it is coordinated with economic growth.The aggregation capacity of financial resources will support economic development,and with the in-depth development of the economy,the agglomeration effect of financial resources will also increase,no matter which party lags behind the development will affect the coordinated development of the region.Only when economic growth and financial agglomeration are coordinated can the region develop more quickly and effectively.In the context of the coordinated development of finance and economic growth,it is of more theoretical and practical significance to study the relationship between financial agglomeration and economic growth.Coastal areas play an important role in national economic development,so it is extremely important to study the coupling relationship between financial agglomeration and economic growth in coastal areas.On the basis of literature research,this paper applies the coupling theory in physics to study the relationship between financial agglomeration and economic growth.By analyzing the concept of financial agglomeration related theory,economic growth and financial agglomeration and economic growth,the coupling of related theory,build the evaluation index system of financial agglomeration and economic growth,using 11 provinces from 2011 to 2018,coastal areas of financial agglomeration and economic growth data as sample,by the poor standardization method to dimensionless processing of data,then the entropy weight method is adopted for each index value,the last generation into the coupling model,according to the results of the empirical analysis it is concluded that the coupling between the coastal regional financial agglomeration and economic growth.The results show that during this period,the financial agglomeration and economic growth of the provinces and cities in the coastal areas are in a highly horizontal coupling stage,and the two interact frequently.Coordinated development degree is not ideal,but the coupling from 11 provinces and cities in coastal overall coordination degree,coordination degree of the highest in Shanghai,belongsto the good coordination development level,guangdong,jiangsu and zhejiang province belong to intermediate coordinated development level,hainan and guangxi zhuang autonomous region,belong to moderate disorders recession levels,other provinces and cities belong to primary reluctantly coordination and coordinated development level,including tianjin and shandong province close to the intermediate coordinated development level,and hebei province and fujian province on the brink of recession levels.It can be found that the coordinated development degree of financial agglomeration and economic growth in coastal areas is obviously different.From the comparison of financial agglomeration and economic growth levels of provinces and cities in the coastal areas,Shanghai,hainan and guangxi zhuang autonomous region belong to the economic growth lag type.Liaoning province also belongs to this type from 2016 to 2018,while other provinces and cities belong to the financial agglomeration lag type.It can be concluded that the overall financial agglomeration effect of coastal areas lags behind the development.Finally,based on the empirical results,the paper puts forward some countermeasures and Suggestions to promote the coupling development of financial agglomeration and economic growth in coastal areas.