Analysis of financial development and industrial structure transformation

نویسندگان

چکیده

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

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ژورنال

عنوان ژورنال: E3S web of conferences

سال: 2021

ISSN: ['2555-0403', '2267-1242']

DOI: https://doi.org/10.1051/e3sconf/202123502080