Research on Financial Agglomeration and Ecological Efficiency
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DOI: 10.23977/iemb.2019.041
Author(s)
Hong Li, Xiaoqian Yuan
Corresponding Author
Hong Li
ABSTRACT
This paper selects the economic development data of 31 financial center cities in China from 2011 to 2017. The spatial effects of financial agglomeration on eco-efficiency were studied by principal component analysis, Moran’s I index, and spatial econometric analysis. The results of the study show that there is a significant difference in financial agglomeration between different regions. There is a significant spatial correlation between financial agglomeration and eco-efficiency, and there is a positive spillover effect on the eco-efficiency of the region and adjacent regions.
KEYWORDS
Ecological efficiency, Moran’s I index, financial agglomeration, space model