Discernment of Chinese Financial Center System:Gravity Model Approach
基于金融地理学理论,引入引力模型中的地理要素,识别中国金融中心体系,发现南方以上海、北方以北京为中心的两大区域系统,并比较其差异。
The Financial Center(FC) is one of the most important topics in New Economic Geography,in which the discernment of FC is the primary task and basic work.This paper is focus on the formation and discernment of FC based on the Financial Geography Theory.Firstly,it’s discussed that the relationship between FC and its information hinterland to find different effects of technical progress and deregulation on two types of financial center on the basis of information category.Then,geographic element is added to traditional methodology used to only containing scale elements by means ofgravity model approach.Finally,take mainland China as a case to explore the discernment method of FC system,and the results showed as followed:(1)Concerning Chinese FC system,two major regional FC system have formed,the southern system centralized with Shanghai and northern one with Beijing,containing 4 regional FCs and 27 local FCs.(2) Almost every province has 1 or 2 FCs,except Hebei and Inner Mongolia in the northern system,geographical proximity to Beijing.(3)Comparing to Northern system,Southern one have absolute advantage in financial scale,hinterland size,structure complexity and evolution trend,and have formed muti-layer structure inside.