Research On The Impact Of Technological Financial Development On The Optimization Of Industrial Structure From The Perspective Of Space

Nowadays,the world is experiencing the fastest development stage in history,and technology has also become an important driving force for development.However,there are still many difficulties in the development process.It is not enough to rely solely on the development power of technology to overcome these difficulties.It is necessary to further strengthen the support role of finance for technology and strengthen the integration between finance and technology.The ultimate goal of technological innovation and development is to further improve labor efficiency and accelerate the production efficiency of various industries.Therefore,the development of science and technology finance for the purpose of optimizing the industrial structure is more oriented and more effective in promoting the optimization of the industrial structure.This article mainly studies whether there is a spatial spillover effect of technological and financial development on promoting industrial structure optimization,and whether the impact of technological and financial development on industrial structure optimization in the eastern,central,and western regions is consistent,and provides targeted recommendations.This article first introduces the concepts of technology finance and industrial structure optimization,analyzes the theory and mechanism of technology finance development and industrial structure optimization,briefly describes and analyzes the measurement methods based on the measurement methods of technology finance development index and industrial structure optimization by referring to other scholars,and uses entropy method to complete the measurement,The coupling coordination degree model is used to calculate the coupling coordination between the technological and financial development index and industrial structure optimization in each province.Secondly,calculate the Moran index of the industrial structure optimization index under three different weights,and then conduct an ordinary panel model test.Next,we started to construct a spatial econometric model,and finally selected the spatial Dubin model for analysis through LM test,LR test and Hausman test.We conducted a robustness test to decompose and analyze the total effect of the spatial Dubin model.Finally,a spatial heterogeneity test is conducted to analyze and compare the impact of technological and financial development on industrial structure optimization in the eastern,central,and western regions.Based on the above analysis,the following conclusions are drawn: First,China has made progress in the development level of science and technology finance and the optimization level of industrial structure in recent years.Although the gap between the east,west,and central regions still exists,the gap is narrowing year by year.Secondly,the average coordination degree between the development of science and technology finance and the optimization of industrial structure has risen from a near imbalance to a primary coordination level,and the development level between the two is more coordinated.Thirdly,the level of industrial structure optimization is significant in the Moran index under the three spatial matrices,indicating the existence of spatial autocorrelation.Through the analysis of the spatial Dubin model,it is concluded that China’s science and technology finance has a positive spatial spillover effect on industrial structure optimization,and the development of science and technology finance in this province can promote the optimization of the industrial structure of neighboring provinces.Fourth,by constructing spatial Durbin models for the eastern,central,and western regions of China,it is concluded that the direct effect of the eastern region on the optimization of industrial structure is significantly positive,while the indirect effect is not significant.The direct effect of the central region is significantly positive,while the indirect effect is not significant.Both effects in the western region are positively significant.Based on the above research results,specific research recommendations are given,including the following three points: first,improve and update the technology and financial policies related to industrial structure optimization;The second is to build a complete and effective technology finance system.Third,we need to strengthen investment and expenditure on education,giving priority to the development of domestic enterprises.