Study of Regional Economic Growth and International Financial Center based on Dissipation of Rent Theory

Abstract

Based on the theory of rent dissipation, this paper discusses the establishment and rise and fall of international financial center under the framework of supply and demand analysis. This paper puts forward the theoretical explanation of the relationship between regional economic growth and the international financial center, advances the hypothesis that can be tested, and uses the relevant data to conduct an empirical test. This theoretical perspective can provide a strong explanatory power for the construction of international financial center and further theoretical guidance for the construction of international financial center.