金融集聚影响因素及其溢出效应——基于长三角的实证分析

利用空间面板计量方法,对长三角城市群金融集聚影响因素及其溢出效应进行了实证分析。结果表明:广义基础设施和经济规模都促进了金融集聚的形成;空间相关性(依赖性)存在于长三角金融集聚中,然而该相关性不是由基础设施和经济规模引起的,而是由诸如政府行为、法律制度和人文地理等随机因素决定的,且表现出负外部溢出效应,即索取型溢出效应。

The Factors of Finance Agglomeration and Its Spillover Effect:Empirical Analysis from Yangtze Delta Region

Using principal component analysis and spatial panel econometric model,this paper analyzes the factors influencing the Yangtze Delta Region's finance agglomeration and its spillover effect.Empirical results show that,generalized infrastructure and scale of economies promote finance agglomeration.Spatial correlation,or dependence character,exists in Yangtze Delta Region's finance agglomeration.That is not caused by infrastructure and scale of economies,but is determined by government behavior,legal instituti...