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THE ROLE AND POSITION OF FINANCE DEVELOPMENT IN THE ADJUSTMENT OF INDUSTRIAL STRUCTURE

Zhong Chun-ping

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Abstract

The adjustment of industrial structure is a major part of regional economic development, and the development of finance can accelerate this process. Otherwise, underdevelopment of finance may bar this transition, Clear correlationship exists between these two sides. This paper states it clearly through Input-Output analysis, production function analysis and comparable analysis. So the strategy of finance development should be taken as to improve the structure and develop regional economy.

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What this paper is about

The adjustment of industrial structure is a major part of regional economic development, and the development of finance can accelerate this process. Otherwise, underdevelopment of finance may bar this transition, Clear correlationship exists between these two sides. This paper states it clearly through Input-Output analysis, production function analysis and comparable analysis. So the strategy of finance development should be taken as to improve the structure and develop regional economy.

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Available abstract

The adjustment of industrial structure is a major part of regional economic development, and the development of finance can accelerate this process. Otherwise, underdevelopment of finance may bar this transition, Clear correlationship exists between these two sides. This paper states it clearly through Input-Output analysis, production function analysis and comparable analysis. So the strategy of finance development should be taken as to improve the structure and develop regional economy.

Key concepts: Underdevelopment, Position (finance), Economics, Production (economics), Function (biology), Process (computing), Finance, Economic system

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