An empirical analysis of Coupled and coordinated development of Finance and industry in China
Positive interaction between the financial sector and industry is a key link in the picture of the economic mac-rocycle,and the coordinated development of the two is crucial to achieving high-quality economic development.Based on the data related to the financial industry and industry in China from 2006 to 2020,the coupling evaluation model and the grey correlation technique are applied to measure the synergistic development of the financial industry and industry,and furthermore,to explore whether there is a significant positive relationship between the coupling and coordination of the financial industry and the industry and the economic growth.The empirical results show that the nationwide coupling of finance and industry is at a high level;the degree of coordination of the"finance-industry"system has been increas-ing during the sample period,from the near-disorder in 2006 to the good coordination in 2020;the coupling and coordi-nation of the finance and industry have a more positive impact on economic growth,especially in the central region.
IndustryFinanceCoupled and Coordinated DevelopmentEconomic Growth
NETL
NSTL
万方数据
