Analysis and Research on Synergistic Effect of Regional Financial Financing Tolerance and Regional Economic Development from the Perspective of Coupling
- DOI
- 10.2991/aebmr.k.220307.239How to use a DOI?
- Keywords
- Regional finance; financing tolerance; regional economic development; synergies
- Abstract
Many studies have shown that regional financial development has a promoting effect on the regional economy, but the literature describing the specific correlation between the two and whether there is a synergistic effect is relatively vague. The innovation of this paper is based on the weighted analysis of AHP and CVM by constructing two systems of regional financial financing tolerance and regional economic development and constructing a collaborative system for empirical analysis based on the relevant panel data of Shenzhen City, China. The conclusion shows a stable synergy between regional financial financing tolerance and local, regional economy: the collaborative degree of the constructed collaborative system is always positive. Although it has fluctuated in the past decade, it is still at a relatively stable level. In addition, the development of regional financial financing capacity has a positive effect on the regional economy, and the development of the regional economy will also promote the financing tolerance of regional finance to a certain extent. There is a stable synergistic effect between the two, and there is also an internal driving force for mutual promotion between regional finance and regional economic subsystems. Different regions can mobilize financial resources to stimulate economic growth according to their characteristics or use economic growth to feedback the financial industry to form a virtuous circle within the region.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Siyuan Dong AU - Xiaoxuan Wang AU - Yashuo Yuan PY - 2022 DA - 2022/03/26 TI - Analysis and Research on Synergistic Effect of Regional Financial Financing Tolerance and Regional Economic Development from the Perspective of Coupling BT - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) PB - Atlantis Press SP - 1460 EP - 1467 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220307.239 DO - 10.2991/aebmr.k.220307.239 ID - Dong2022 ER -