Author(s)

Jing Wu and Yaling Hu

Corresponding Author

Yaling Hu

Abstract

Based on the measurement of regional financial scale and high-level industrial development level, the provincial panel data of China from 2007 to 2016 were selected, and the fixed effect model was adopted to empirically test the impact of financial scale on high-level industrial structure of the region. The results show that financial scale can promote the upgrading of regional industrial structure. On the basis of the empirical results, the paper puts forward relevant countermeasures and Suggestions.

Keywords

Financial Size; Advanced Industry; Panel Data; Fixed Effect Model