Research on the Impact of Financial Development on Industrial Structure Upgrading: Evidence from China’s Provincial Panel Data

PBES

Proceedings of Business and Economic Studies

2209-26412209-265X

Bio-Byword Scientific Publishing Pty. Ltd.

10.26689/pbes.v5i6.4480

Article

Research on the Impact of Financial Development on Industrial Structure Upgrading: Evidence from China’s Provincial Panel Datahttps://artdesignp.com/journal/PBES/5/6/10.26689/pbes.v5i6.4480WangLina

2022

2022-12-07

On the basis of analyzing the mechanism of the impact of financial development on industrial structure upgrading, this paper comprehensively considers the state of the industrial structure among provinces from three dimensions: rationalization, optimization, and equalization. This research finds that financial development promotes the rationalization and optimization of industrial structure but has no significant effect on the equalization of industrial structure.

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