广东区域金融空间溢出效应的理论分析与实证研究

Theoretical Analysis and Empirical Study of Guangdong Regional Financial Space Spillovers

金融是现代经济的中心。金融差异过大,将阻碍区域经济协调发展,而空间溢出效应可以减弱区域金融差异。空间计量模型的实证结果表明,广东区域金融存在空间相关性,即某一地区的金融发展通过空间误差项对邻近或可辐射的区域产生正向溢出效应,可促进邻近或辐射区域的金融发展,并且存在空间固定效应和时间固定效应。为此,要增强区域金融中心的溢出效应,缩小区域金融差异,就必需建立多层次的区域金融中心,加强区域金融合作,提高商品交易效率和金融交易效率,优化财政支出结构。

Finance occupies the central position in modern economy. If the financial differences are too large, it will hinder coordinated development of regional economy. In fact, spatial spillovers can weaken the regional financial differences. The results of Spatial Econometric Model show that the situation of Guangdong regional financial development related with the local spaces, i.e. financial development of the region with spatial differences can generate positive spillover effects on adjacent regions and promote overall regional financial development, causing space-related and time-related results. In view of this, it is necessary to enhance the spillover effects of financial centers of the region, reduce regional financial differences, establish muhi-level regional financial centers, and to strengthen regional financial cooperation so as to improve the efficiency of commodity trading, financial transactions and fiscal expenditure