Relationship of Financial Marketization,Financial Industry Optimization,and Real Economic Development
Discuss the relationship between financial marketization,financial industry structure and real economy growth.The remarkable development of the financial industry plays a core role in economic growth,but there are differences in the research on the relationship between financial marketization,industrial structure optimization and the real economy.Review the theoreti-cal research results,analyze the influence of financial industry structure on economic development,and analyze the character-istics and problems of China's financial industry structure.Through statistical analysis method,this paper empirically examines the interactive relationship between financial industry structure and real economy growth,constructs VAR model to measure causality quantitatively,and conducts series stationarity,co-integration and Granger causality tests.Aiming at the problems in the optimization of the financial industry structure,this paper puts forward policy suggestions to promote the coordinated devel-opment of finance and the real economy.
financial marketindustrial optimizationreal economyVAR model