Research on the Coupling Mechanism of China's High-quality Financial Development and the Real Economy
With the rapid development of China's economy,the financial industry and the real economy have become the two most important fields in China's economic system,and the coordinated development of them has become the key foundation for promoting the high-quality development of China's economy.The coordinated development of China's financial high-quality development and the real economy is analyzed theoretically.Based on the panel data of 30 provincial regions in China from 2013 to 2021,the indicator system,the coupled coordination model and the grey correlation model are constructed to measure,analyze,and discuss the influencing factors of the coupled coordination degree of the financial high-quality development of each province and its real economy.It shows that:the level of China's financial high-quality development has progressed significantly and has always been in a state of steady progress.According to the division of the eight economic regions,the level of high-quality financial development in each region shows a decreasing trend from the coastal and Yangtze River regions to the inland regions.The coupling and coordination degree of high-quality financial development and the real economy has shown a significant upward trend,and at the same time,the degree has also evolved from the previous moderate coordination to high coordination.The overall decreasing trend is"east coast→south coast →north coast→middle reaches of Yangtze River→southwest→middle reaches of Yellow River→northeast→northwest".In both the national and the regional perspectives,the financial structure,financial soundness and the economic efficiency of industrial enterprises above the large-scale enterprises have a high degree of influence on the coupling coordination degree,while the financial efficiency,the digital financial inclusion index and the investment in fixed assets have a low impact on the coupling coordination degree.Therefore,the findings of this paper have certain theoretical and practical significance for promoting the coordinated development of high-quality financial development and real economy in provinces.
financial high-quality developmentreal economycoupled coordination modelgray correlation model
NETL
NSTL
万方数据
