粤港澳大湾区金融集聚与区域经济增长

Financial Agglomeration and Regional Economic Growth in Guangdong-Hong Kong-Macao Greater Bay Area

本文以粤港澳大湾区为研究对象,利用区位熵、单位根检验、格兰杰因果检验等方法实证分析金融集聚对区域经济增长的影响。研究发现:粤港澳大湾区金融集聚促进大湾区经济增长,对周边地区的经济增长具有拉动作用。同时,大湾区建设形成的"吸虹效应"明显,引致周边地区的金融资源向大湾区集聚,不利于区域经济平衡发展。从金融的具体表现来看,银行业对区域经济增长的作用最为突出,证券业和保险业的作用尚不明显。因此,在广东省经济高质量发展阶段,优化粤港澳大湾区金融资源配置对促进区域经济协调发展具有重要作用。

This paper takes the Guangdong-Hong Kong-Macao Greater Bay Area as the research object, and uses the methods of location entropy, unit root test and Granger-causality test to analyze the impact of financial agglomeration on regional economic growth. The results show that: the financial agglomeration in GuangdongHong Kong-Macao Greater Bay Area can promote the economic growth of the bay area and promote the economic growth of the surrounding areas. At the same time, the"siphon effect"formed by the construction of the bay area is obvious, which causes the financial resources of surrounding areas to gather in the bay area, which is not conducive to the balanced development of regional economy. From the specific performance of finance,banking plays the most prominent role in regional economic growth, while the role of securities and insurance is not obvious. Therefore, in the high-quality economic development stage of Guangdong Province, optimizing the allocation of financial resources in Guangdong-Hong Kong-Macao Greater Bay Area plays an important role in promoting the coordinated development of regional economy.