Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

Analysis and Research on Synergistic Effect of Regional Financial Financing Tolerance and Regional Economic Development from the Perspective of Coupling

Authors
Siyuan Donga, Xiaoxuan Wangb, Yashuo Yuanc, *
aSchool of economics and management, Taiyuan University of Technology, 030600, Taiyuan, China
bSchool of Economics and Management, Hebei University of Technology, 300401, Tianjin, China
cSchool of Business, Southwest University, 402460, Chongqing, China
*Corresponding author:(yuanyashuo1119@163.com)
Corresponding Author
Yashuo Yuan
Available Online 26 March 2022.
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.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.239How to use a DOI?
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  -