Empirical Study on the Relationship between Total Factor Financial Input and Coastline Length in China's Coastal Regions

Abstract

Qin, Z.; Jin, J.-Y.; Zhao, R.; Chuan, M., and He, L.-S., 2019. Empirical study on the relationship between total factor financial input and coastline length in China's coastal regions. In: Gong, D.; Zhu, H., and Liu, R. (eds.), Selected Topics in Coastal Research: Engineering, Industry, Economy, and Sustainable Development. Journal of Coastal Research, Special Issue No. 94, pp. 897–902. Coconut Creek (Florida), ISSN 0749-0208.In terms of economic development, financial development is a priority. In particular, Finance is the driving force of blue marine economic development. In this paper, the continental coastline length and financial total factor input index of 10 coastal provinces/municipalities in China were selected. Factor correlation analysis and regression model establishment were performed in order to demonstrate the relationship between coastline length and financial total factor input. Through an empirical study of the national coastal areas, the Yangtze River Delta Economic Circle, the Bohai Rim Economic Circle and the Pearl River Delta Economic Circle, it was found that the length of the coastline is positively correlated to financial factor inputs. Therefore, it is necessary to develop and utilize coastline resources rationally in order to attract financial support from financial institutions, security markets and insurance markets to coastal areas. This will aid in the promotion of the economic contribution of regional marine industries, and the enhancement of the economic development capacity of coastal cities.