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本文利用伦敦、纽约、东京三个国际金融中心及其相应国家的大量数据,通过固定效应模型检验方法对国际金融中心演进水平与东道国福利水平之间的关系进行了实证研究,结果显示,国际金融中心银行业的发展会对东道国的居民收入水平、消费水平和国家财政收入水平有显著为正的效应,而证券业的发展对东道国福利水平的效应不明显,国际金融中心的演进对降低东道国失业率也没有作用。
Based on a large amount of data from three international financial centers in London, New York and Tokyo and their corresponding countries, this paper conducts an empirical study on the relationship between the evolution of the international financial center and the welfare level of the host country through the fixed-effects model test. The results show that the international financial The development of the central banking industry will have a significant positive effect on the residents’ income level, consumption level and state fiscal revenue in the host country. However, the effect of the securities industry on the welfare level of the host country is not obvious. The evolution of the international financial center will reduce the unemployment of the host country Rate has no effect.