This paper uses financial development scale (FIR) and financial development ratio (FE) as two important indicators of financial development to examine their impact on industrial structure upgrading (ISU). Meanwhile, with reference to the statistical data of Hunan Province from 1990 to 2017, the paper establishes time series and VAR model to explore the interaction between regional financial development and industrial structure upgrading, and puts forward corresponding countermeasures and suggestions, so as to provide decision-making basis for promoting financial development and industrial structure upgrading in Hunan Province.

Chenchen Wang. Research on the Dynamic Mechanism of Financial Development and Industrial Structure Upgrading based on VAR Model--Data from Hunan Province 1990-2017. The Frontiers of Society, Science and Technology (2020) Vol. 2 Issue 4: 22-24. https://doi.org/10.25236/FSST.2020.020405.

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