Abstract： Based on economic development theory, the paper presents an endogenous model on the interacting mechanisms between county-region financial development and industrial clusters in Zhejiang. The empirical analysis is based on a dataset of related statistics from 22 counties in Zhejiang Province. By using a panel data model, we test the interacting mechanism between county-region finance and economic development in some industrial districts, and compare the impacting factors of economic development in these areas. It demonstrates that there are strong positive correlations among scales of county-region financial development, fixed asset investment, foreign capital utilization and economic development in these industry districts. However, the correlation between the efficiency of financial development and county-region economic development is not statistically significant. The effect of real interest rate on the economic development in industrial cluster areas is not statistically significant. Therefore, when implementing interest rate policy, the methods and instruments that release financial depression by increasing interest rate should not be adopted.
周春喜. 县域金融发展与产业集聚区经济增长--以浙江为例[J]. , 2010, 1(1): 71-80.
周春喜 Zhou Chun-Xi. County-region Financial Development and Economic Growth in Industrial District: A Case of Zhejiang Province. , 2010, 1(1): 71-80.
2010, Vol. 1 
浙公网安备 33011802000512号