scholarly journals Analysis of financial development and industrial structure transformation

2021 ◽  
Vol 235 ◽  
pp. 02080
Author(s):  
Shuwei Harold Sun ◽  
Allen Wang ◽  
Huan Yu

This paper uses the relevant data from 2008 to 2017 to construct a multiple linear regression equation, and uses the generalized moment estimation model to explore the impact of financial development on industrial structure adjustment from the perspective of financial scale and efficiency. The results show that financial efficiency can promote the rationalization and upgrading of industrial structure, but the impact of financial scale on industrial structure is two-sided. Increasing financial scale can increase the amount of industrial financing and accelerate the process of industrial structure upgrading. However, blindly increasing the supply of loans will lead to the birth of bad investment, thus failing to promote the rationalization of industrial structure. Based on this, this paper puts forward some policy suggestions, such as promoting the diversified development of the financial industry, improving the imbalance of financial development in various provinces, promoting the reasonable investment structure and the development of high-tech industry, and giving full play to the role of the government.

2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Zhaoyang Zhao ◽  
Yanhong Zheng ◽  
Yuhong Chen ◽  
Chong Ye ◽  
Zeyu He

Science and technology innovation is the new driving force of urban development, and it is an important vehicle to promote financial development. Innovative city attaches importance to the driving role of science and technology innovation capacity on industry development in the construction process, which will drive the development of the city’s financial industry. This article takes China’s innovative city pilot policy as a quasinatural experiment and uses the panel data of 235 prefecture-level cities in China from 2005 to 2017 to construct a difference-in-differences model (DID) to investigate the net effect and mechanism of the policy implementation on the financial development level of pilot cities. The results show the following: (1) the construction of innovative cities has significantly improved the financial development level of pilot cities, and the conclusion is still valid through the robustness test; (2) the financial development level promotion effect of innovative city construction has regional heterogeneity, and the financial development level promotion effect of central cities is more significant; (3) the construction of innovative cities can improve the financial development level of pilot cities by improving the intermediary effect of scientific and technological talents gathering and industrial structure upgrading.


2020 ◽  
Vol 3 (2) ◽  
pp. 135
Author(s):  
Yosie Ervanda ◽  
Anis Fuadah Z

The purpose of this study was to see the traditional cublak-cublak suweng game from D.I Yogyakarta, and the order for the character of responsibility for students. Knowing the method of implementing the cublak-cublek suweng game that can shape the character of responsibility for students. This research method is research research. The research subjects were research articles and web that discussed the cublak-cublak suweng game that could be accounted for for its authenticity and correctness. The scope of this research includes elementary school teachers, elementary school children, and the surrounding community who are familiar with this game, as well as the role of the government in preserving the cublak-cublak suweng game and applying it to elementary schools at this time.This research was conducted to explain whether the cublak-cublak suweng game in the present era can give pleasure after being played and the impact that occurs after being played 1) Introduction to what cublak-cublak suweng is and how to play it. 2) Implementation of the cublak-cublek suweng model that can develop the character of responsibility for students, 3) The effectiveness of the cublak-cublak suweng game in shaping the character of responsibility for students. 4) what are the effects if you continue to drink it again and again. 


Author(s):  
Yao Li

With the rise of the tertiary industry, the financial industry has achieved unprecedented development, which is mainly reflected in the rapid growth of economic aggregate, the increasingly balanced financial structure system and the increasingly diversified financial products. However, with the rapid development of financial industry, the income of urban and rural residents is increasingly unbalanced. The increasing income gap between urban and rural areas has caused a large number of adverse phenomena in the process of economic development, seriously affecting the income distribution of the people and even causing social instability. Therefore, in today’s big data era, it is necessary to systematically study and analyze the impact of financial industry development on the national income gap between urban and rural areas. At the same time, it is of great significance to improve the problem of excessive income gap between urban and rural areas. This paper mainly analyses the relationship between the three effects of the development of financial industry and the income gap between urban and rural residents. In the empirical aspect, the paper creatively uses the fuzzy Kmeans clustering algorithm to regression analysis the panel data of a certain area from 2010 to 2018. At the same time, in the empirical data analysis, this paper creatively replaces the European norm measure of the Kmeans clustering algorithm with the AE measure, and puts forward a proposal. The index of financial development level is based on the proportion of loans from financial institutions. Through theoretical and empirical analysis, this paper draws the following conclusions: the financial scale in the financial industry will have a huge impact on the income gap between urban and rural areas. Finally, based on the above problems and current situation, this paper puts forward relevant improvement suggestions.


2018 ◽  
Vol 8 (2) ◽  
pp. 5
Author(s):  
Willy Mulyadi

Convensional model of public policy makings in Sambas district, West Borneo Province, so far rely more on the strength of institutional structures and elites with less open processes. The impact in many case of planning has failed to identify and accommodate governance issues. This research uses qualitative explorative methods which are assisted with soft system methodology as suggester by Checkland (1999). Analysis of research uses collaborative governance theory in looking at the process of preparation of regional medium term development plan (RPJMD) of 2016-2021. Result of this research illustrates that the failure in the preparation of planning for this is caused by access to stakeholder involvement that is limited, the role of the government is very dominant so that RPJMD is not considered as a shared commitment and responsibility, the implication of each party working independently in accordance with their respective interest. It is also apparent that the process of preparing planning has not been sufficient to meet accessability and drivers in the form of citizen's education and lack of seriousness in the implementation of bureaucratic reform to become an implementative reference for the formation of participatory policy making according to the perspective of collaborative governance in regions with similar characteristics.


2020 ◽  
Vol 214 ◽  
pp. 02053
Author(s):  
Chun Chen ◽  
Hong Yuan ◽  
Weiyan Lin ◽  
Qing Xia

In the construction plan of China (Hubei) pilot free trade zone issued by China (Hubei) pilot free trade zone in 2018, it is pointed out that industrial transfer should be orderly undertaken, which undoubtedly provides a strong institutional guarantee for Hubei to undertake industrial transfer. This paper analyzes the mechanism of industrial transfer on industrial structure upgrading: capital accumulation mechanism, technology progress mechanism, industry aggregation mechanism. At the same time through empirical analysis it is concluded that: build the double logarithm model of Hubei province to undertake industry shift after the provincial labor resources, science and technology innovation ability, industrial concentration degree of ascension for the upgrading of industrial structure in Hubei province has a certain role in promoting, especially the size of the capital and the increase of the number of high-tech talent to upgrade the industrial structure to promote the most significant effect. Therefore, the government should intensify efforts to introduce domestic and foreign capital, cultivate and attract more high-tech talents, focus on improving the quality of workers, expand the scale of industrial agglomeration within the province, and enhance the ability of scientific and technological innovation.


2018 ◽  
Vol 53 ◽  
pp. 01033
Author(s):  
Fangqing Yi ◽  
Zenglian Zhang

The environmental and resource constraints on economic growth are increasingly evident. China urgently needs to reshape its economic growth momentum. The increase in green total factor productivity is particularly necessary for the growth of the quantity and quality of the economy. This paper selects the provincial panel data of 30 provinces in China from 2001 to 2015, and establishes a panel exchangeable errors model to analyze the impact of eight indicators on green total factor productivity (GTFP) and verifies its effectiveness. Empirical analysis shows that inter-provincial government competition, environmental regulation, energy consumption, and capital stock have a significant impact on green total factor productivity. The influence of foreign direct investment, industrial structure, and industrialization level on the total factor productivity of green is not significant. Therefore, the government should adopt suitable, flexible and diverse environmental regulation policies, promote energy-saving emission reduction and technology innovations through policies such as taxes and subsidies, strengthen the linkage mechanism between industrial structure upgrading and energy efficiency, to increase green total factor productivity.


Economies ◽  
2019 ◽  
Vol 7 (2) ◽  
pp. 40
Author(s):  
Gaolan Hou ◽  
Zhou Zou ◽  
Tianran Zhang ◽  
Yue Meng

Based on the development of the industrial structure of prefecture-level resource-based cities in Northeast China, this paper selects three indicators of industrial structure—diversification, rationalization and upgrading—conducting empirical analysis on the transformation of the industrial structure of these resource-based cities. The effects of the industrial transformation of resource-based cities of the same kind are analysed and the development of industrial structure in different provinces is compared. It indicates that the transformation process and adjustment effect of the industrial structures in resource-based cities of Northeast China were different and were not very satisfactory on the whole and the secondary industry was still the leading industry in most cities. In addition, the article analyses the impact of the industrial transformation on the economic growth of resource-based cities in Northeast China. It can be concluded that the rationalization and upgrading of industrial structure generally promoted the cities’ economic growth. The promotion of industrial structure rationalization was greater than that of upgrading. In order to promote the sustainable development of resource-based cities’ economy in Northeast China and solve problems in the process of the cities’ development, two suggestions are proposed. One is to pay attention to the rational development of the industrial structure, so it is necessary to strengthen the overall planning of resource-based cities in the Northeast region, promote regional coordination and rationally arrange and adjust the industrial structure from the overall scope of the region. Another is to continue to promote the process of industrial structure upgrading by introducing high-tech industries through preferential policies and to develop relevant industries based on the advantages of the cities, instead of just extending the original industry.


2020 ◽  
Vol 2 (3) ◽  
pp. 19
Author(s):  
Jesica Sitepu

This study aims to analyze the impact of the IJEPA agreement on bilateral trade (export - import) of Indonesia with Japan using 20 main commodities of trade according to the 2 digit HS code in the period 2001-2018 with the Random Effect Model (REM) estimation model. This study also analyzes whether GDP, population, and the real exchange rate of Indonesia - Japan has an influence on the development of Indonesia's export and import values.          The analysis showed that both before and after the enactment of IJEPA cooperation did not have a significant effect on the value of exports from Indonesia - Japan. The variable GDP, population, and the real exchange rate have a significant effect on exports and imports. Therefore, the government of Indonesia and Japan can review the IJEPA agreement in order to increase the benefits of IJEPA.


1988 ◽  
Vol 42 (3) ◽  
pp. 509-543 ◽  
Author(s):  
Marie Anchordoguy

A key topic of inquiry in the ongoing debate over Japan's remarkable postwar growth is the role of the government. Some argue that the state has played a leading role in stimulating and guiding the development of specific industries; others argue that market factors, such as high rates of investment and savings and low labor costs, have been the key impetus. This article focuses on the link between the state and the market, in particular the impact of state policies on market competition. It is primarily concerned with how targeting policies can be structured in ways that spur industrial development; that is, how policies can help firms enter an industry and encourage them to invest heavily to make better products, without sapping their initiative and making them dependent on the government. A case study of Japan's national strategy to develop an economically viable computer industry provides an opportunity to explore the relationship among targeting policies, market competition, and industrial development.


Author(s):  
Sandra Milena Santamaria-Alvarez ◽  
Martyna Śliwa

Purpose The purpose of this paper is to discuss the transnational entrepreneurial activities of Colombian emigrants to the USA in the context of the Colombian government’s policies and initiatives aimed at encouraging and facilitating emigrants’ transnational entrepreneurship. It examines the profile of Colombian emigrants, the entrepreneurial transnational activities they pursue and the actual and potential role of the government in instigating and shaping these activities. Design/methodology/approach The paper analyzes data obtained from focus groups with migrant families and interviews with governmental officials and an expert researcher. It also evaluates secondary data sources relevant to the subject of the paper. Findings The impact of transnational activities of Colombian migrants upon Colombian economy and society is much lower compared with the activities of migrants in other countries and with the potential these activities could have for contributing to the economic development of Colombia. Possible causes of this include: the specific characteristics of the Colombian emigrant and entrepreneur profile, the fragmentation of transnational networks of the migrants and the lack of governmental strategies to support the development of transnational activities of migrants. Originality/value The paper contributes to the debates on emigrant–state relation through offering an analysis of migrant entrepreneurship, technology and knowledge transfer and investment activities of Colombian emigrants in the home country. It also provides recommendations for policy action and concrete government programs that might encourage greater involvement of Colombian migrants in high value-adding activities that could benefit the country’s development.


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