Research on the Spatial Spillover Effect of the Impact of Financial Agglomeration on High-quality Economic Development
Finance is the lifeblood of the national economy,and High-Quality Development is the primary task of com-prehensively building a socialist modernized country.High-Quality Development cannot do without the support of financial agglomeration.On the basis of measuring the degree of financial agglomeration and the level of High-Quality Development in various regions,this article uses a panel regression model to explore the impact of financial agglomeration on High-Quality Development;Implementing the New Concept for Development and examining the internal mechanism of financial agglom-eration to promote High-Quality Development;Using a spatial panel data model to explore the spatial spillover effects of fi-nancial agglomeration on High-Quality Development.Research has shown that firstly,financial agglomeration can significantly promote High-Quality Development.Secondly,financial agglomeration has a promoting effect on innovation,coordination,green,openness,and shared development.Thirdly,financial agglomeration has a significant spatial spillover effect on promoting High-Quality Development.Taking the path of financial development with Chinese characteristics,consolidating and en-hancing the effectiveness of financial agglomeration in promoting High-Quality Development of the local and surrounding re-gions,has positive policy and practical significance.
NETL
NSTL
万方数据
