Empirical Analysis of the Correlation between Zhejiang's Financial Development Level and Fishery Industry Structure
As the core and key to economic development,whether finance has an impact on the development of the fishery industry in Zhejiang Province is a topic worth exploring.In order to better promote the upgrading and optimization of the fishery industry struc-ture in Zhejiang,this article adopts econometric methods such as cointegration test and Granger causality test.Based on the financial and fishery industry structure data of Zhejiang Province from 2004 to 2020,the correlation between financial scale,financial struc-ture,and financial efficiency is selected to study them.Ultimately,it was found that financial development did not have a significant impact on the optimization and upgrading of the fishery industry structure in Zhejiang Province.The main reason for this situation is the existence of a"threshold effect"between financial development and economic growth.Based on the reasons for the emergence of the"threshold effect",this article proposes policy recommendations such as leveraging the guiding role of finance to achieve the opti-mization and upgrading of the fishery industry structure.
financial developmentFishery industry structureThreshold effectpolicy suggestion
NETL
NSTL
万方数据
