Empirical Research on Financial Integration within the Yangtze River Delta——Analysis Based on Correlation of Deposit and Investment
Jin Zhu
Abstract
Jin Zhu
Abstract
The financial integration of the Yangtze River delta is a part of economic integration of the Yangtze River delta. In order to know the extent of financial integration of the Yangtze River delta,this paper verifies the capital flow within the Yangtze River delta according to correlation of investment and deposit. The result shows that the correlation of investment and deposit becomes larger. When other factors influencing the correlation are confined,the correlation of investment and deposit is still obvious. This result shows that the extent of financial integration of the Yangtze River delta has not been strengthened.
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The financial integration of the Yangtze River delta is a part of economic integration of the Yangtze River delta. In order to know the extent of financial integration of the Yangtze River delta,this paper verifies the capital flow within the Yangtze River delta according to correlation of investment and deposit. The result shows that the correlation of investment and deposit becomes larger. When other factors influencing the correlation are confined,the correlation of investment and deposit is still obvious. This result shows that the extent of financial integration of the Yangtze River delta has not been strengthened.
Key concepts: Delta, Yangtze river, Investment (military), River delta, Order (exchange), Capital (architecture), Positive correlation, Finance