CORRELATION ANALYSIS OF FINANCIAL AGGLOMERATION AND REGIONAL ECONOMICGROWTH: A NOVELPERSPECTIVE BASED ON THE CONCEPT OF GREEN DEVELOPMENT

摘要

The development of the financial industry can promote regional economic growth,and the core strength of the vigorous development of the financial industry is financial agglomeration.Financial agglomeration is not only conducive to the development of regional economy,but also can improve the efficiency of green economy,improve the quality of economic development,and improve the current situation of economic development at the cost of the environment.Environmental pollution has a significant restraining effect on high-quality economic development,but financial agglomeration can promote high-quality economic development through environmental improvement effect and realize sustainable economic development.This paper aims at the cooperation of the financial industry in The Beijing-Tianjin-Hebei region to analyze this proposition,so as to make it more realistic and targeted.From the perspective of financial agglomeration,this paper studies the actual situation and development status of the financial agglomeration strategy in The Beijing-Tianjin-Hebei region,especially its role in promoting social and economic development.The first step is to judge the financial industry in The Beijing-Tianjin-Hebei region through relevant standards,judge the current development status,and conclude that the position and influence of the financial industry in the market are constantly rising,and the allocation of resources is also the same situation.Then by means of location entropy and financial correlation rate,the current situation of financial concentration in Beijing-Tianjin-Hebei region is calculated,and the situation of financial concentration and economic growth in the previous 10 years are analyzed.Then,through relevant knowledge of statistics,the influence of financial aggregation on social and economic level in The Beijing-Tianjin-Hebei region will be explored,so as to make corresponding Suggestions on how to promote the development of financial aggregation.The interaction between economic growth,environmental quality and financial agglomeration provides reference for further improvement of ecological environment through financial agglomeration.Therefore,it is necessary to promote the joint investment of government and social capital in green industry and actively construct the green financial market system in inland areas.