中文摘要：

本文以浙江为例，在经济增长理论的基础上，建立了县域金融发展与产业集聚区经济增长之间相互作用的内生模型，基于浙江省22县（市）的县级数据，运用面板数据模型对县域金融发展与产业集聚区经济增长的互动关系进行了实证检验，比较了各产业集聚区经济增长的影响因素。研究发现：浙江县域金融发展规模、固定资产投资、实际利用外资与产业集聚区经济增长存在高度正相关关系；金融发展效率对产业集聚区经济增长的检验效果不显著；实际利率对产业集聚区经济增长的影响不显著，提出在执行利率政策时，不能采用金融发展理论中提高利率、解除金融抑制的政策手段。

英文摘要：

Based on economic development theory, the paper presents an endogenous model on the interacting mechanisms between county-region financial development and industrial clusters in Zhejiang. The empirical analysis is based on a dataset of related statistics from 22 counties in Zhejiang Province. By using a panel data model, we test the interacting mechanism be- tween county-region finance and economic development in some industrial districts, and compare the impacting factors of eco- nomic development in these areas. It demonstrates that there are strong positive correlations among scales of county-region fi- nancial development, fixed asset investment, foreign capital utilization and economic development in these industry districts. However, the correlation between the efficiency of financial development and county-region economic development is not statis- tically significant. The effect of real interest rate on the economic development in industrial cluster areas is not statistically sig- nificant. Therefore, when implementing interest rate policy, the methods and instruments that release financial depression by increasing interest rate should not be adopted.