The impact of financial agglomeration on new urbanization:A case study of 11 provinces and cities along the Yangtze River Economic Belt
In order to gradually form a new development pattern with the domestic big cycle as the main body and the mutual promotion of the domestic and international double cycles , China needs to grasp the strategic basis of urbanization .China' s new urbanization includes demographic , economic, social, ecological and other aspects .It is a complex complex and therefore requires a lot of financial support .Because of the liquidity of resources , financial agglomeration can play a better role in the allocation of funds for the construction of new urbanization .Therefore , exploring the relationship between finance and new urbanization is practically significant .Based on the panel data of 11 provinces and cities along the Yangtze River Economic Belt from 2008 to 2019, the article constructs an indicator system to measure the level of financial agglomeration and new urbanization , and establishes a spatial Dubin model to empirically analyze the impact of financial agglomeration on new urbanization .The results show that financial agglomeration has significantly promoted the development of new urbanization in 11 provinces and cities along the Yangtze River Economic Belt;while the agglomeration of the banking industry has promoted the development of new urbanization in this province and city , and it has also inhibited the development of new urbanization in neighboring provinces and cities . The role of industry agglomeration is just the opposite;insurance industry agglomeration can promote the development of new urbanization in this province and city , but it has no obvious impact on the development of new urbanization in neighboring provinces and cities . Therefore , the government should continue to perfectthe corresponding policies, smooth the flow of regional financial resources , rationally guide the flow of capital in the capital market, encourage innovation in regional financial structure types and expand regional financial product functions , so that financial agglomeration can better support the construction of new urbanization .
financial agglomerationnew urbanizationspatial measurement modelspatial effectsYangtze River Economic Belt
国家科技期刊平台
NSTL
万方数据
